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Welcome > Agent Info >
Testimonials ...
Thank you for doing a superior job
Dear Bob,
First of all, I would like to thank you for doing such a superior job of counseling us about house-selling, getting us ready to go on the market, preparing our home for sale, helping to establish a price range, advertising, showing the home, answering our questions anytime, easing us through the mountain of paperwork, evaluating offers, making counter offers, finding the right buyer, and moving us through escrow to completion. In every instance, you were right there when we needed you, and never missed calling back within minutes of our calling you. I cannot believe things could have worked more smoothly. I hope our paths cross soon and often. Thanks again for the great job you did.
Sincerely, Jack Gibb
Comments from Jack Gibb
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Financing Your Home >Mortgage Fears
It is not unusual for home buyers to feel that the lender is being very critical during the loan approval process. The buyer is required to provide all kinds of financial information, and then the lender asks for more. If this is your experience, and the process seems discouraging, remember that none of this is personal!
Some lenders have more stringent requirements than others, but every lender requires a substantial amount of documentation on a mortgage loan. They must verify employment, credit history, and recent financial transactions involving your liquid assets. If your Visa payment was late, they may ask for a letter explaining why. If you are self-employed, they will ask for tax returns from at least three years and probably a year-to-date profit and loss statement.
Government regulations require mortgage companies to document everything. And while the loan officer may know that you are a reliable risk, the underwriters must be able to defend the loan to a federal bank examiner or auditor.
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| Q |
In what real estate market are more than 90 percent of home sales cash transactions?
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| A |
Palm Beach, home to princes, politicians, and CEOs, has homes from 2,000 sq.ft. condos to 56,000 sq.ft. estates. |
 See More Real Estate Trivia > |
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