12 June 2013 | 15 replies
Dev Horn I love this, many newbies use "lingo", I coach selling on terms, and never use "sub2, cfd, lo,wrap" language.For example, "Would you lease option your house?"
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16 January 2013 | 84 replies
In fact, FHA no longer requires that the transaction wait 90 days -- this rule was "temporarily" waived back in 2010 and the waiver has now been extended through 2012.We routinely rehab and resell in fewer than 90 days (for significantly more than 20% above purchase price -- often more than 100% above purchase price); while there are some lenders who still won't do these pre-90 day transactions due to their particular underwriting overlays, there are plenty who now will, and it's certainly not prohibited by FHA at this time.Talk to a couple mortgage brokers who work with regional banks in your area, or even talk to a Wells Fargo LO, and you'll be able to close these loans in fewer than 90 days from purchase.
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4 February 2010 | 5 replies
Average sold comp, hi/lo etc.Your trying to punch holes in the valuation.
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20 May 2019 | 15 replies
By number of agents, I work with more male Realtors, but by $volume sold$ there is no question that females rule the roost, at least for what crosses my desk (15 Realtors out there for every 1 LO).
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24 February 2014 | 6 replies
I've lived here since 1987 and actually moved here for the quality of life, and lo and behold it blew up around me!
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12 May 2017 | 23 replies
Find a local LO you can trust, explain your situation fully, and see what options they can offer from there.
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17 December 2019 | 20 replies
Best and only LO I will work with from here on out.
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3 October 2022 | 404 replies
Q u i c k C a s h F a s t C l o s eDM or 323-515-2969TIA!
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28 October 2022 | 48 replies
You don't need a degree to be an LO.
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4 August 2023 | 8 replies
Also if I had to do it again, I would have done this route: become a processor for 8 months, then become a LOA for one year, then become a LO.