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The next FAQ Friday is September 25, 2009.
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ShareDon’t assume that once your final underwriting approval is in, you’re totally off the hook. Underwriting continues up until the time the deed has recorded. As I’ve stated before, many lenders, for example, will verify your employment on the day they fund the loan, or the morning the escrow agent plans to go record the [...]
ShareReal estate is a tree-killing business. I estimate that my average buyer client’s transaction file is three to four inches thick and hundreds of pages long. The lion’s share of these pages is comprised of disclosures and inspection reports. If you’re a goal-oriented type of gal, it is tempting to attack that stack of paper [...]
ShareLenders are in the business of assessing how likely you are to default on your mortgage. The process of assessing the risk you pose to a lender is conducted as part of your loan application process. You’ll hear it called mortgage “pre-qualification” or “pre-approval.” (The “pre” indicates that you are seeking approval before you are [...]
This FREE e-Course walks you step-by-step through a drama-free Action Plan for facing foreclosure – and living to tell the tale.
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