Need Your Help Building “The Bar”!

YTD Dollar Amount Of Repairs Completed:  $167,481.10

It seems that now days appraiser required repairs are almost the norm.  Looking back at the loans my team closed so far in 2014 over 40% had one repair or another required by the appraiser.  There is a misnomer out that that conventional financing is some how shielded from required repairs, that simply not true.  Now these transaction don’t have to fall apart simply because there is a busted window or missing toilet, in fact I don’t think any transaction should fall apart because of appraiser required repairs.  We have a number of options when it comes to seeing these transactions through to closing.  You can read all those options here.  I will say setting up a repair escrow is by far the most popular option.  In fact, 95% of the borrowers that ran into repair issues chose to deal with those repairs using a repair escrow.

If you have been following my previous post my team is playing a little game building a log home tracking how many loans we gets closed that have repairs.

Each block on the house represents $500 worth of repairs we escrowed for and had completed after closing.

With October over we only have 2 months left to complete the most important building “The Bar” slated to be constructed right next to the Real Estate Office.   I need your help to make this happen. If you have any repairs that need to be completed after closing give me a call!

 

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November Lunch and Learn / Webinar: Low Down Payment Options For Home Buyers

Money, Money, Money, Money

One of the biggest myths out there is that you need a bunch of money to buy a house.  That’s simply not true.  There are a number of No and Low down payment options for home buyers.  On top of that you don’t have to be a first time home buyer to access many of those programs.    During our next lunch and learn we will cover all the different options out there for buyers looking to minimize their down payment.  Over the last couple years its been harder to get a lot of these types of offers accepted.  However, with the market going back to a much more “normal” state it’s not nearly as hard as it was just a few short months ago.  This is the perfect time for Realtors to reconnect with their past customers and get back out there looking.   Come check out this lunch and learn and get a refresh course on low down payment options for buyers!

Hot Topics We Will Cover

Here is a list of some of the things we will cover during the event:

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