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David E Nelson

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“As A Home Seller, Why Should You Care About Involving A LENDER In The Home Selling Equation?”

12-15-11
David E Nelson
One thing many real estate agents have learned is the importance of having a team of professionals to facilitate a smooth transaction. Having a lending expert on the team, can make available the following services to you…all for FREE: They stand ready to screen all potential buyers. Today’s lending landscape is a rapidly changing environment. Programs and requirements are changing regularly. A good loan officer should have a reputation for being on top of current guidelines and finding the best solutions for prospective clients. You need to know that when you accept an offer, the buyer can actually close.Financing is an important component to getting a home sold. Whether it’s marketing flyers, carrying costs, unique mortgage strategies (such as buy-downs and Sales Concessions) or even loan programs to differentiate your home (ex. loans that can incorporate monies for the purchase and renovation of a home), the best loan officers take pride in their ability to help increase the number of people for whom your home could be a fit. More prospects equals higher sales prices. In so far as a professional loan officer is seen as an educator, they would want to offer you the chance to tune into some of their online seminars (called webinars) and videos. As an example, some lenders have webinars with topics ranging from “How Lenders Look At A Mortgage Application” to “Renovation Lending” to “Getting Your Optimal Credit Score”, as well as videos that can fully explain your Good Faith Estimate. They are constantly striving to be a resource for everyone they come in contact with. Lastly, your loan officer knows that most home sellers become home buyers. Not only will they run your credit and analyze your income and assets, but they will also pre-approve you for your next mortgage, typically free of charge. Both your agent and the loan officer on their team are committed to the highest level of advice and integrity. Reach out to them for any questions you may have. from the :::: The KCM Blog: http://www.davidnelsonexit.com/blog/
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…And the Changes Keep Coming

12-05-11
David E Nelson

The KCM Blog: …And the Changes Keep Coming With an election year right around the corner, it seems obvious that the world is full of flip-floppers, so why should housing and mortgage policy-makers be any different? Remember when the Federal Government was trying to ease its way out of being the dominant provider of mortgage financing (and trying to move people more into the private sector and Private Mortgage Insurance)? Remember the days when government insured financing (through FHA loans) was capped at 85% of their conventional counterparts (from Fannie Mae and Freddie Mac)? Then, the government recently decided to LOWER the conforming loan limits to read the rest of this blog and others go to site below! htpp://www.davidnelsonexit.com/blog

http://www.davidnelsonexit.com/blog/2011/12/01/the-kcm-blog-and-the-changes-keep-coming/
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Now this puts a wicked twist on things !!

11-30-11
David E Nelson

http://bit.ly/v5PATTw

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Why do you need an expert

11-29-11
David E Nelson

The KCM Blog

Why You Need an Expert

Yesterday, we explained that having someone who truly knows the market was crucial if you were planning to buy or sell a home today. This expert should know what is happening in real estate, understand why it is happening and be able to simply and effectively explain each point to you and your family. Today, we want to discuss the consequences if you don’t have a true industry professional on your side.

When families enter into a contract to buy or sell a house, two things are true:

The buyer wants to own the home.

The seller wants to sell the home.

In order for both these things to take place, the transaction must be completed. That is not an easy task in the current market. The National Association of Realtors (NAR) released their Existing Homes Sales Report yesterday. In the report, NAR announced that one out of every three contracts to purchase a home in October never made it to a closing table. How does that ratio stack up against previous numbers? Here is a graph showing previous rates of cancellations:

To see the rest of this article go to www.davidnelsonexit.com/blog

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The KCM Blog: Understanding the Impact of Shadow Inventory-

11-26-11
David E Nelson
http://bit.ly/v2IiUB
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