financing: I had a thought over the weekend...SELLER CONCESSION TALK
- 05/19/13 11:48 PM
I worked all week in the office, sorting out a handful of loans that I was working on and thinking about the relationship between the realtor, home buyer, and loan officer... Many times, before we are even brought in to work on the loan, the customer is in the process of putting an offer on the house. Part of this offer is "seller concessions"... My thought was the conversation that should take place before signing the P+S... I see it on my end...the customer decides to put down 10%....then they start the financing process. We get back info together, IRA statements, (0 comments)