The real equation in real estate is price vs. condition. If your home is marketed effectively, (i.e., at least two dozen showings, and it’s in the best possible showing condition) you should get a favorable response in 1 to 3 weeks. By “favorable” I mean second showings, requests for additional information, or an actual offer

As a loan officer, your goal is to become the mortgage source that the FSBO seller will refer interested home buyers to, to get pre-qualified. And don’t forget that the FSBO seller may be looking for a new property as well—and with that a new loan. If you work the arrangement properly, you can get loans coming from both ways

Real estate investments will continue to be lucrative throughout the cycle. The realtor and seller must work together to develop strategies to compete in this market. New construction is booming, and re-sells are competing with them. If a buyer looks at a house that needs work, they may assume it’s available for a bargain price

Take control. Stay on top of things and be sure monitor your loans as they progress on their way to the closing table. Always be aware of what stage a file is in during process. Don’t trust anyone else with your commission check. Stay aware of any problems that arise, and work with your processor to fix them. If you can help speed things up, please do—but not at the expense of making new sales!

for more info. visit our website at reliableappraisers.com/ we are  real estate appraisers, & bank appraisers

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easy to understand why people may be worried about getting advice from an adverse credit mortgage broker, particularly if they have had bad experiences with financial institutions in the past. mortgage Brokers and hard money lenders often get paid in commission – so they will receive money from the lender whose product they have sold, and the commission will vary from product to product. . I trust an adverse credit mortgage broker for hard money loans?

An adverse credit mortgage broker must be regulated by the Financial Services Authority in order to remain in business. Mortgage brokers have the ability to obtain the best possible rate for your situation by shopping all approved lenders. Since the broker works with many different national lenders for hard money loans, they are not forced to recommend one set of loan programs to you but can seek out many different options that are offered. Brokers do the loan shopping for you. When you apply for a loan with a mortgage broker, you are effectively applying for a loan with all the lenders the mortgage broker is approved with.

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has, in the past, led people to believe that mprtgage brokers would only recommend the products that earned the highest commissions. Fortunately, this is not now the case

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