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The communication was awesome! "We went through 3 realtors before we met Ron & Carol. They always made us feel as though they had all the time in the world for us." Bill and Jennifer Gerth, Gilbertsville Read Quote > View All Quotes >
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The Ron and Carol Young Team are
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They gave us their full time and attention!
"I purchased my first home 2 years ago and had a terrible experience with the realtor, and other realtors I have worked with have been poor communicators and obviously too busy. Ron and Carol were such an improvement! They made us feel like they truly cared about us and the outcome of our purchase. When they were with us they gave us their full time and attention. We felt like they advocated for us when it came to fees and jargon that were unfamiliar. We plan to use Ron and Carol Young again when we move in the future."
Elisa and Joseph Rodriquez, Royersford
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Financing Your Home >Mortgage Fears
It is not unusual for home buyers to feel that the lender is being very critical during the loan approval process. The buyer is required to provide all kinds of financial information, and then the lender asks for more. If this is your experience, and the process seems discouraging, remember that none of this is personal!
Some lenders have more stringent requirements than others, but every lender requires a substantial amount of documentation on a mortgage loan. They must verify employment, credit history, and recent financial transactions involving your liquid assets. If your Visa payment was late, they may ask for a letter explaining why. If you are self-employed, they will ask for tax returns from at least three years and probably a year-to-date profit and loss statement.
Government regulations require mortgage companies to document everything. And while the loan officer may know that you are a reliable risk, the underwriters must be able to defend the loan to a federal bank examiner or auditor.
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| Q |
In which 'Oil Sheikdom' of the Far East do the wealthy still choose to live in primitive houses on stilts?
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| A |
Brunei's oil wealth results in no income tax, free education and health services, and cheap housing loans for its average citizen. |
See More Real Estate Trivia > |
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 This
information has been reprinted from the Economic and Market Watch Report with
permission from TREND.
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© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
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