Rural Development Guideline Changes
So maybe you heard rumblings of something happening at RD. Well there certainly are changes being made. Some positive some not so great. First off lets talk about timing. RD is not out of money, for the last week of November they are not accepting application, but that’s not so bad, they anticipate being caught up on all the files Dec. 1St when they start accepting applications again. If we can go from 3+ week turn times to a couple days, well that’s fantastic! For UP TO DATE Turn Times follow this link.
Here is an outline of what affects real estate agents in regards to the guideline changes:
- Barn are O.K.
- Site value requirement removed (should have any land split issues)
- Pools are O.K.
- No more Realtor admin fees. . . . I know that one hurts. – Follow this link for an update on this
It should be noted that we are still waiting to see how all this unfolds but come Dec. St these changes will go into effect.
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October Lunch and Learn: Unconventional Lending In An Unconventional Market
1 Hour Con Ed Credit Available!
The real estate market is constantly changing, leading to many challenges for buyers and sellers alike. Never has there been a greater opportunity to leverage innovative lending solutions to better serve your clients. As you know we think outside of the box. Yes we do lots of loans that fit in the box, but getting the deals done that don’t fit in the box can make all the difference in this market. During this class we will cover some more unique loan programs and ways to structure transactions to help get offers accepted in an unconventional world. This class is approved for 1 hour of continuing education thank you Devon Title for sponsoring the continuing education portion of this event!
Hot Topics We Will Cover
Here is a list of some of the things we will cover during the event: