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Urgent Announcement to Realtors

By
Mortgage and Lending with 1st Choice Mortgage

URGENT ANNOUNCEMENT TO REALTORS

 

Please know that we have just implemented a new loan program that allows the buyer to finance improvements, additions, up-fits, etc. to the property they are buying (primary residence ONLY).  This will be especially helpful to closing those deals where the client has problems with the layout, needs an extra bathroom, or just doesn't like the landscaping.

 

Ladies and gentlemen, this loan program will fit just about any scenario you have out there.  In this day of everyone fighting for every deal they come across, don't let a deal die simply because of trivial objections.  How many times have you heard this?:  "If it only had another bedroom/bathroom", or "...but it doesn't have a concrete driveway."  Now we have the tool to overcome these types of comments.  Tell your clients that we have a loan program that will make the home look just the way they want it to look!  What's better is that they aren't going to pay some huge rate, tied to the prime rate, like you find with home equity loans.  Also, once the changes are complete, they usually have a considerable amount of instant equity in their new home.

 

With the real estate world being the way that it is today, we need to be looking at EVERY possible scenario of getting a deal done.  THIS IS THE LOAN PROGRAM TO MAKE THAT HAPPEN!  Make the MOST out of every client who comes your way.

 

Don Gockel, Realtor, GRI, DRE #01319651 - Antelope Valley Real Estate Specialist
Keller Williams - Lancaster, CA
So, how does this compare to the FHA 203B (I think that's the designation) loan where the purchase and rehab can be financed?
Apr 15, 2008 10:57 AM
Jay Johnson
1st Choice Mortgage - Rock Hill, SC
(203K) That is precisely what this is.  Do you have any questions or just curious?
Apr 15, 2008 11:09 AM
Justynn Royal
Royal, Yates and Associates Marketing - Plano, TX
That opens up a new world to sales!!
Apr 15, 2008 11:14 AM