Have you been asked by a real estate agent, "Have you spoken with a lender yet?" Why do you think we keep asking that question?
There have been many, many changes in home loan lending over the years but none as dramatic as the sweeping changes that have occurred this year. There's a new rule on the books called, "TILA-RESPA Integrated Disclosure Rule".
What does this mean to you?-Talk to a lender.
How much home can you afford?-Talk to a lender.
How much down payment will you need?-Talk to a lender.
What about closing costs?-Talk to a lender.
What types of loans are available for your particular situation?-Talk to a Lender.
What will be your interest rate?-Talk to a lender.
Do you think you might have credit problems?-Talk to a lender.
Do you think the best thing to do is to pay off all your credit cards?-You REALLY need to talk to a lender about this one!
What does it mean to us, as real estate agents? It means that when we set aside time to show you homes we know that you're qualified to purchase that home. It saves your agent time, and in this business, time is money. It assures a seller that you're a serious buyer who can afford to buy their home.
Your agent is a valuable resource when it comes to helping you find the right home and being sure you don't pay too much for it, negotiating the offer and the subsequent repairs, and finding reputable people to help your transaction run smoothly. One of those people is the lender. We've spent a lot of time developing a business relationship with the right professionals to ensure that you have a happy home buying experience so when we say, "Talk to a lender", please know that we want to be sure that you have all of the information you need when making what will possibly be the largest investment of your life. Call me today for a recommendation to a lender.
If you'd like to work with a professional who can help you navigate the waters to a successful closing on your next home, click here.
Author:Bonnie Onofrio Phone: 919-208-8007 Dated: June 1st 2016 Views: 878 About Bonnie: I have been a real estate broker in the Triangle area since 1985 handling sales of both new and resa...
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Buying a home is, for many people, an essential part of the American d
"We were completely satisfied with Kim. Kim went above and beyond traditional real estate agent responsibilities. Besides all the normal and big things that she did to help us sell our home she also did so many small things to help that made our home more marketable. She was very knowledgable in every aspect of the process not only giving valuable information, but most importantly sharing her insight into making the most of every part of the sale of our home. She was incredibly patient with me and treated our house as special as I thought it was. At all times Kim was encouraging that the house would sell, and encouraging with all the extra things that we did to the home, since it was an older home, to market and finish the sale. I would highly recommend her to anyone who is interested in selling their home. I am sure that she is just as accomplished, sensitive, attentive, knowledgable and persistent in helping someone find a home and I am happy to recommend her for that as well. On a personal note, I will miss having to work with her as I enjoyed working with her immensely and greatly value her opinions. I always felt that she was working "just for me" even though I knew that she had other people she was working with. Kim made me feel that anything I had to say was important and responded to messages quickly, cheerfulliy and competently, never keeping me waiting to hear back regarding our home. Anyone would do well to have her as their Real Estate Agent. "