Buyer/ Seller – Education, Real Estate Professionals – Education
What is a cash purchase? A cash purchase means the buyer is not using the subject property as collateral on a loan to buy it. 1. The buyer may be using an existing home equity line of credit (HELOC) on another home, to get the funds to buy the subject property. 2....
Buyer/ Seller – Education, Real Estate Professionals – Education
Truly professional, top producing Real Estate Professionals are ones who…keep deals together. They routinely get all parties to the closing table by avoiding the following top 8 mistakes… Mistake #1 – Poor, incomplete, late, or last-minute…or ZERO communication. Not...
Buyer/ Seller – Education, Lenders – Education, Real Estate Professionals – Education
A land contract is nothing more than a rent-to-own agreement. It is NOT a purchase transaction, it IS an agreement to purchase the property at a future date. A land contract IS an agreement to purchase a property at a future date, at an already agreed-upon price,...
Buyer/ Seller – Education, Lenders – Education, Real Estate Professionals – Education
Don’t be afraid to address the potential “tough stuff”, gently, directly, and confidently: 1) As soon as you hear about bad news for your client,get moving on identifying solutions as quickly as possible.2) Say have bad news, and options to solve the problem (Options...
Buyer/ Seller – Education
FSBO – For Sale By Owner A FSBO means that the seller is not using a Real Estate Professionals to sell and market their home, instead they are going to represent themselves in an attempt to save some cash. How much you ask? Generally, they save 3%, but they lose the...
Buyer/ Seller – Education
It is the 30-60 minute meeting of buyers, sellers, real estate professionals and loan officer, led by the title company’s “closer”. In this meeting, document explanation/signing takes place to make the transaction official and finalized…or “closed”. The title company...
