The contract is the heart of the real estate deal!
The contract will state the closing information such as date, where and with whom, sales price, ty
pe of loan, what the buyer & seller will be paying for plus much more.
The contract will also give you an out (if it has the proper contingencies) for things such as: you do not qualify for a loan, that you find the house with a serious defects or the property appraises lower than the sales price.
The contract also will give you options for remedies if thing do not go as planned. (again if it has the proper contingencies)
The contract is a legal document that if you end up in court (because things went very badly)it is what the judge uses to make his judgment. This is the one document that you want to be done correctly and many For-Sale-By-Owners do not understand everything about a contract or they insure the contract protects their interest. When just the buyer & seller are involved then there is no one to insure you, the Buyer is fully protected.
Do not make the mistake of not having a fully signed contract with contingencies to protect you! And be sure to read the fine print!
Many For-Sale-By-Owners will pay a Realtor to represent you in the transaction. So find a Realtor that you trust and let them guide you thru the buying process. Purchasing a home should be a fun & exciting time; just make sure you are represented.
Good Luck with your new home purchase...
if you have any questions feel free to contact
Brenda Tressler
Click here for answers to your home buying/selling/financing questions.
Click here to return to part 1
Brenda Tressler
Loan Officer
Integrity Mortgage Services
(931) 206-1907 Cell
(931) 905-6900 Office
"Let me be your friend in Financing"
Can our children survive another move? Yes...
I am a military spouse; my husband retired in 1995...now with grown children. Our two girls were moved all over the United States, Germany & Korea. I was raised in a small community just outside Dayton, OH... where no one moved. I heard from friends & family that I would doom my children to failure if I continued to move them year after year. But to me I had no other choice; you see I married Steve who made the Army his career. To me keeping my family as normal & whole as possible was my only goal in life.
Worrried at times if my family was right... I did my best and I always keep each move with a positive thought:
As my children grew up they received a variety of memories from our trips and adventures driving & flying to all over the world. I sat down with them a few weeks ago and we were talking about their childhood... I was surprise at how the conversation went. Dana my oldest said she was surprised at how many stories she had to tell about her childhood compared to the average person. Brandy commented that she was surprised at how open minded she was compared to many. She said growing up that she learned being different wasn't a bad thing. That she was more open to change in her life. Dana said that traveling and moving did not stress her at all... it was exciting. All the subjects and comments were positive... Boy I was relieved... that my friend & family were wrong... Moving as a military family turned out to be a happy experience for my children.
So if you are moving to Ft. Campbell, KY or somewhere else... remember you are creating memories that will last a life time! Make it a good memory...
Ft. Campbell, KY/Clarksville is a great place to raise a family! Welcome Home!
I wish you the best
If you need a Welcome Packet click here
Call Brenda Tressler for home & loan information to Ft. Campbell, KY
Have a Safe Trip!
Just for FUN... if you Voted... leave a comment!
You may say who you voted for or anything you feel like saying.
I just thought it would be fun to see how many ActiveRain Members voted in this election.
They say before & after work will be the busiest time...
so if you can go mid day your wait may be shorter.
I live in a small town in Tennessee... we never have a wait except to talk.
If you voted early... I want to hear from you too.
If you know anyone that is older or may not have transportation... ask if you could give them a ride.
We had a News report that said many older Americans wanted to vote but did not have a ride.
Support out Troops
VOTE THIS ELECTIONS!
THANK YOU FOR LEAVING A COMMENT AND I hope you have a great day!
Brenda Tressler
OWNER'S TITLE INSURANCE
What is owner's title insurance?
Owner's title insurance provides you with protection against the loss of your home caused by somebody in the future finding a defect in your title. Unlike other types of insurance that protects against losses from future events, title insurance provides protection from past events, which may or may not be a matter of public record.
What if I don't have owner's title insurance?
If a problem with your title occurs and you don't have owner's title insurance, you could lose everything you've invested in your home or face expensive legal costs.
How does owner's title insurance protect me?
If someone initiates a claim against your title, having owner's title insurance provides you with a legal defense and, if your title should fail, reimbursement of the equity in your home up to the face amount of your policy. It also covers attorney's fees. In short, owner's title insurance protects you against losing your investment in your home.
Doesn't lender's title insurance protect me?
No. if there is a complete failure of title; you have no protection and would lose both your property and your equity in the property. The lender requires you purchase lender title insurance as part of your loan. If you choose not to purchase owner's title insurance and a problem arises the lender is the only one protected.
What if my attorney reviews the title?
No matter how extensive the title search may be, the possibility of "hidden risk", although rare, remains. Real estate titles have hazards that even the most competent attorney can not discover - hidden defects such as improper indexing of records, forgery of documents, unknown or missing heirs, and more (see list below). The attorney cannot be held liable should you suffer loss because of any hidden title defects.
How much does owner's title insurance cost?
The basic premium rate for owner's title insurance is approximately $1.00 per $1,000 more than lender's insurance. That means the owner's insurance premium for a $115,000 home is only $115 more than lender's insurance. (This is just an estimate, prices will vary)You only pay the premium once - there are no recurring premiums. The policy is effective for as long as you, or your heirs, have any interest in the property. Plus, you are covered even after the property is sold.
When do I need to get owner's title insurance?
At Closing, Owner's title insurance should be offered at the closing by the attorney. If it is not mentioned, you should specifically request the option to purchase owner's title insurance.
WAYS YOU COULD LOSE YOUR HOUSE AND WHY YOU NEED TITLE INSURANCE
Claims of missing heirs
Falsely personating ownership of the property
Forgery
Clerical errors
Confusion due to similar names
Unsatisfied claims on property, not shown on title search
Fraud in connection with the execution of documents
Deeds executed under expired or false powers of attorney
Incorrect disclosure of marital status of former owners
Improperly probated wills and trusts
Mental incompetence
I would highly recommend Title insurance for all properties purchased
It will also save you money when you sell your home... be sure to keep your policy and let the closing company know you have a owner's title policybefore they start their title search and they will discount some of their fees.
Call Brenda Tressler
for all your financing needs
(931) 206-1907 cell
(931) 905-6900 office
Thank you and I look forward to assisting you with your new home!
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Welcome to Integrity Mortgage Services
1st Annual Halloween Party
and
Open House
It was so exciting to move into our new office and to host an Open House & Halloween Party.
We had a great turn out... many past customers, new customers, local agents, friends & family.
Many members of the ActiveRain community stopped by also!
My THANKS TO ALL!
We had all sorts of characters to visit...
There were games & prizes for all...
The kids had a great time
enjoying the New Play Room
and
games just for them!
We had tons of food & drinks!
We all had great fun... if you did not make it to our Open House then just stop by anytime!
I would love to give you a personal office tour.
Our office feels more like a home... full kitchen, play room for the children, huge conference room.
I would love to show you my new office.
Integrity Mortgage Services mission is to provide the best customer service in town
and
to provide a relaxing atmosphere for everyone!
We are located just outside Ft. Campbell, KY and specailze in VA Loans.
If you are relocating to Ft. Campbell, KY we offer free relocation packets & home searches!
You are invited to stop by for a visit ... we always have coffee or hot chocolate and a warm smile!
Call Brenda Tressler
For all you financing needs!
(931) 206-1907 cell
(931) 905-6900 office
1919 Tiny Town Rd., Suite 200
Clarksville, TN 37042
clarksvilletnrealty.com
I look forward to seeing you soon!
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Brenda Tressler (Realtor/Lender) I specialize in customer care for all your loan & real estate needs in the Ft. Campbell / Clarksville area. "Let me be your friend in Real Estate & Financing"
I work too hard and care too much... and that is why you should contact me!
I just called a customer that I am working with that lives out of state and I asked her ... why did they chose me?
Katie was so kind... she said "that they were expecting someone that was business only but found that I was open, friendly and caring." She said "I was easy to talk to, dependable and most important she felt that she could trust me." Wow... I always try my best to take care of each customer like they are my family but to hear these kind words I was overwhelmed. Thanks Katie!
Let me introduce myself...
What can I say I am honest & hard working. I am a mother of two girls and a grandmother of three. They are my pride & joy plus I LOVE just being with them.
My husband is retired military and we have lived in Korea, Germany, Ohio, Indiana, Maryland and Tennessee. I understand the stress of moving with family and pets in tow. This is why I understand your needs and will do everything possible to make your move easier and stress free. 
We now live on 18 acres with our dog Chappie... I enjoy the country life and being outdoors.
My customers normally become my friends because I truly care.
I am available when you need me even nights & week-ends and I promise to always return your calls or e-mails.
I have been in the Real Estate/Mortgage business since 1995; I have experience in all parts of the real estate/loan process. That is why I can truly tell my customers what to expect and how to avoid potential problems.
I found my heart is in helping people! I find great pride in working with people to find their dream home. I truly believe everyone should be able to purchase their own home.
So please make my day and choose me to assist you with your new home! Thank-you for taking the time to visit and good luck in what ever you do!
Best Wishes,
Brenda Tressler
Superior customer service is my priority... if you are buying or selling a home!
I can assist you with your financing and all your real estate needs ...
Starter Homes: First-Time Home Buyers:
First let me say thank-you to all my past first-time home buyers! To be part of one of the most exciting times and one of your largest investments of a customer's life; it is a true honor. I take special care to insure that my first-time home buyers are not overwhelmed by the piles of paperwork and foreign terms. I've been there and know how confusing this process can be, so I will always insure you understand what & why of everything you do. I promise that I will go to the closing with you (as long as you are in the Ft. Campbell, Clarksville, Dickson & Nashville area).
I promise to...
Empty Nester's: Downsizing:
I'm there, so I understand that you need to sell that larger home and move into one that fits your lifestyle now. This process is normally complicated by the fact you own a home (which you need to sell) but want to make sure you find a home you like before you commit. I can save you money on your current home closing/commission and insure you receive a great deal on your new home. Many times we can have same day closings for both; this way you are never homeless. I will work closely with all parties to keep this as stress free as possible.
I promise to...
Moving up Buyer's: Need a larger Home:
This is an exciting time; you know what you want in a new home. I can offer you financing options; this way you can decide if you sell your current home or take advantage of having an investment properties and I can tell you from my personal experience the good, bad & ugly of investment properties.
Investors: Buying for the long/short term Investment:
Many people are in this category; all the above and the individuals who want to acquire several investment properties. Again, because I have owned investment properties I can tell you from my personal experience the good, the bad & the ugly of investment properties. I will sit down with you and discuss your goals; such as how many properties you want to own, type of properties (commerical, land, single family or multi family homes) and location. Together we can plan how to acquire the properties and financing options. The Ft. Campbell / Clarksville area is a great place to invest; even in todays market properties are selling with a profit.
Military Loans: VA Home Loans:
If you have ever served in the military then call me! I will be honored to assist you in using one of your best benifits. Clarksville is just outside Ft. Campbell, KY; so we process hundreds of VA loans... I am here for you and to answer all your questions.
Feel free to contact me if I can assist you in any way. Let me say THANK-YOU for all you & your family have given! Listed below are some common questions & concerns.
I am not sure if I am eligible for a VA Loan... If you have ever served in the military as Active Duty, National Guard or Reserves you may qualify for a VA Loan. Contact me at brend@imsiloans.com or call me at 931-206-1907 and together we can find out if you are eligible.
I can only use my VA eligibility once... not so you can use your VA benefit over & over. You may even be eligible to purchase a second home using the same eligibility with bonus entitlement; if your first home was under $144,000.
What type of property can I buy with my VA Entitlement... you can buy a home in which you, and/or your family, intend to live in. This means a single family home, an apporved condo or it could be a multi-family unit (up to 4 units) as long as you will occupy one unit. You may even purchase a home with land as long as the house has most of the value. (I have financed up to 40 acres with a nice home using VA Loans)
Matthew: A Sergeant, U S Army, Ft. Campbell, KY writes...
"Brenda Tressler was welcoming from the start. Being in the Army I have limited time off. She took my phone calls and office visits when it was convenient for me, and kept me updated on the status of my loan application. I have already recommended her to several friends who are also looking to buy houses soon. Brenda was patient in fielding my questions, offered helpful information rarely given by other mortgage brokers (in my experience), and in the end gave me the best deal possible. She went to bat for me until the lenders gave me the rate I was comfortable with, and she was instrumental in processing my loan faster than normal. What more cold a home buyer ask? Brenda is tenacious, professional and personable. When I purchase my next rental property, I am taking my business straight to her."
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