The question we're discussing today is, what do you do when your buyers won't get financing? Learn why it's your responsibility and what to do about this.
The largest consumer protection settlement in history has happened, 26 billion dollars, between five banks (Bank of America, JP Morgan Chase, Wells Fargo, Citibank and Allied) and 49 U.S. states' attorney generals. Do you know how this important litigation impacts your buyers and sellers? We'll talk about banks robo-signing documents, foreclosure mismanagement and refinancing, the Foreclosure Fairness Act, current market pressures, changing attitudes of baby-boomers, and the Mortgage Debt Relief Act.
Today’s buyers and move-up sellers face big challenges to getting the right financing to buy. Denise and branch manager Drew Ebner of Revolution Mortgage take a deep dive into creative financing solutions that buyers who need a loan should consider.
Appraisals and financial issues are notorious for causing transactions to fall apart. When a property doesn't appraise for the sale price or when financing falls through, it can be deal-killing setback. From understanding the appraisal process to working closely with lenders, you'll learn valuable techniques to manage and overcome these challenges.
Your buyers have reached a point where they are ready to do anything to make their next offer the winning one: writing love letters, offering rent-backs, and even waiving every and any contingency – but should they? You must walk a delicate line between offering opinions and offering options. Come to Denise Live and learn how to walk the line between the two.
In the era of higher interest rates, owner (seller) financing is having a moment. How does it work? What are the advantages for both buyers and sellers? This article covers the basics.
Seller financing can be advantageous for both the buyer and seller. Many, however, are not familiar with the practice. Share how buyers and sellers are utilizing this financial workaround.