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4 FATAL MORTGAGE MISTAKES THAT CRASH YOUR LOAN BEFORE CLOSING
4 FATAL MORTGAGE MISTAKES THAT CRASH YOUR LOAN BEFORE CLOSING IN KALAMAZOO Did you just sign a winning purchase contract on a home in Kalamazoo, Portage, or Texas Township? Congratulations! Getting your offer accepted feels incredible, but you are not across the finish line yet. Yesterday, a panicked buyer called my office from Portage. Their... Read More
SELLER CONCESSIONS VS. PRICE REDUCTION
SELLER CONCESSIONS VS. PRICE REDUCTION: WHICH SAVES YOU MORE CASH IN KALAMAZOO? Are you preparing an offer on a home in Kalamazoo, Portage, or Texas Township and trying to get the best financial deal from the seller? Yesterday, a move-up buyer walked into my office after touring a spotless four-bedroom colonial near Westnedge Hill. The... Read More
HOW TO WIN A MULTIPLE OFFER BID
bOW TO WIN A MULTIPLE OFFER BID IN KALAMAZOO (WITHOUT WAIVING YOUR HOME INSPECTION!) Are you writing offers on homes in Kalamazoo, Portage, or Oshtemo only to find yourself competing against four or five other eager buyers? Yesterday, a frustrated first-time buyer walked into my office right after losing their third offer near Milwood. Their... Read More
HOW TO USE A CAPPED APPRAISAL GAP GUARANTEE
HOW TO USE A CAPPED APPRAISAL GAP GUARANTEE IN KALAMAZOO (WITHOUT DRAINING YOUR SAVINGS!) Are you offering above list price to win a home in Kalamazoo, Portage, or Texas Township, but terrified the appraisal will come in low and blow up your financing? Yesterday, a move-up buyer walked into my office right after submitting an... Read More
HELOC VS. CASH-OUT REFINANCE
HELOC VS. CASH-OUT REFINANCE: HOW TO UNLOCK YOUR KALAMAZOO HOME EQUITY Do you have substantial equity sitting inside your home in Kalamazoo, Portage, or Texas Township, and want cash to renovate, consolidate debt, or fund a down payment on your next property? Yesterday, a homeowner visited my office after reviewing their home's updated market valuation... Read More
HOW A 2-1 RATE BUYDOWN DROPS YOUR MORTGAGE PAYMENT
HOW A 2-1 RATE BUYDOWN DROPS YOUR KALAMAZOO MORTGAGE PAYMENT FOR 2 FULL YEARS Are you shopping for a home in Kalamazoo, Portage, or Texas Township, but today's mortgage interest rates make your monthly payment feel tight? Yesterday, a buyer visited our office after touring a gorgeous two-story home near Texas Corners. They loved the... Read More
DOWN PAYMENT GIFT VS. 401(K) LOAN
DOWN PAYMENT GIFT VS. 401(K) LOAN: WHICH WINS FOR YOUR KALAMAZOO HOME PURCHASE? Are you gathering cash for a down payment on a home in Kalamazoo, Portage, or Texas Township? Yesterday, a move-up buyer walked into my office after touring a four-bedroom house near Westnedge Hill. They had two choices on the table to cover... Read More
$10,000 In Down Payment Assistance
HOW TO GET UP TO $10,000 IN DOWN PAYMENT ASSISTANCE IN KALAMAZOO (WITH JUST 1% DOWN) Are you tired of paying high rent in Kalamazoo or Portage while trying to save a big cash down payment? Yesterday, a first-time buyer sat across from my desk feeling completely locked out of the housing market. They found... Read More
Jumbo vs Conventional Loan
JUMBO LOAN VS. CONVENTIONAL: WHAT KALAMAZOO MOVE-UP BUYERS MUST KNOW Are you shopping for a luxury executive home or a custom build in Texas Township, Portage, or Richland? Yesterday, a move-up buyer walked into my office after touring a gorgeous five-bedroom home near Texas Corners. The listing sat well above their previous starter home price... Read More
HOW TO FIX FHA APPRAISAL REPAIRS
HOW TO FIX FHA APPRAISAL REPAIR FLAGS WITHOUT KILLING YOUR KALAMAZOO DEAL Are you using an FHA, VA, or USDA loan to buy a home in Kalamazoo, Portage, or Parchment? Yesterday, a buyer called my office in complete panic right after their appraisal report came back on a charming 1950s ranch home near Milwood. The... Read More
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S.O.S. SAVE OUR SALE
S.O.S. SAVE OUR SALE: WHAT TO DO WHEN YOUR LENDER STALLS WEEKS BEFORE CLOSING!
Did your mortgage lender suddenly go radio silent, request the same bank statement for the fourth time, or drop a last-minute loan denial right before your scheduled closing date?
Yesterday, a panicked real estate agent called my office from Portage. Their buyer had been under contract for three weeks on a home near Milwood. The closing date sat just nine days away.
Out of nowhere, the buyer’s out-of-state call-center lender issued a denial letter. The call-center underwriter miscalculated self-employment write-offs, panicked over an unpermitted porch repair on the appraisal, and threw the entire transaction into the trash can.
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