Keyword: agreements of sale

I Will Buy My Toilet Paper at the Store, Not at the Bank!

Loan Officer, hard at work!

Today,  I was emailed an agreement… from another real estate agent on an expensive property that contained a very low deposit, a very, very long closing date but worse, a typed letter from a loan officer from a national bank’s mortgage division that basically just said, yea, they’re approved. Big whoop. What actually was in that letter was worthless.  Do ...

Fred Glick | 2009/11/14  | 18 Comments Economy

I Will Buy My Toilet Paper at the Store, Not at the Bank!

Loan Officer, hard at work!

Today,  I was emailed an agreement… from another real estate agent on an expensive property that contained a very low deposit, a very, very long closing date but worse, a typed letter from a loan officer from a national bank’s mortgage division that basically just said, yea, they’re approved. Big whoop. What actually was in that letter was worthless.  Do ...

Fred Glick | 2009/11/14  | 18 Comments Economy