The Brainerd Lakes Real Estate Blog

How Four Little Words Changed My Career This story by Mo Anderson of Keller Williams, emphasizes that no matter what- you Do The Right Thing and that is what you always do without question. Helping make real estate dreams come true Have you received a Notice of Default on your property? What are your plans? Do you plan to walk away or do you want to try a Short Sale which has much less damage to your credit and helps you save face? You need a plan of action and if you want to buy some time, stay in the home until it sells and save up some money - then contact: Kathleen Lordbock REALTOR/Staging & Short Sale Specialist Keller Williams Realty Brainerd Lakes Don't just walk away - there is hope, there is help!

Helping make real estate dreams come true        Fannie Mae has implemented a new policy which will go into effect on  June 1, lenders are responsible for certifying  that the borrower's monthly obligations have not increased from the time of when credit was initially pulled  through the closing date. This is effective for new conventional applications only and is not applicable for VA, FHA or Rural Development loans at this time but traditionally they will soon follow.        The goal is to reduce the number of loans that default because of new, non-disclosed debt. Lenders have the freedom to verify in whatever manner they wish, but in most cases, the verification process will amount to a credit re-pull made just prior to closing. A credit report will be pulled at the beginning of the application and will also be pulled 5 days prior to closing.        What does this mean...

Worse tax bite: short sale or foreclosure? Helping make real estate dreams come true Have you received a Notice of Default on your property? What are your plans? Do you plan to walk away or do you want to try a Short Sale which has much less damage to your credit and helps you save face? You need a plan of action and if you want to buy some time, stay in the home until it sells and save up some money - then contact: Kathleen Lordbock REALTOR/Staging & Short Sale Specialist Keller Williams Realty Brainerd Lakes Don't just walk away - there is hope, there is help!

5 Questions to Ask Your Buyer Before Submitting a Short Sale Offer Close Forgot password? Please put in your email: Send me my password! Close message Comment as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Login to OpenID Go back Enter text right here! Reply as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Login to OpenID Go back Go back Share on Facebook Connected as ( Logout ) Email (optional) Not displayed publicly. Tweet this comment Connected as ( Logout ) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. OpenID URL Comment as a Guest or login using OpenID Posting as Kathleen Lordbock ( Logout ) Tweet this comment Cancel Submit Comment Subscribe to None Replies All new comments Loading IntenseDebate Comments... Leave a Re...

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