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6 August 2024 | 15 replies
You definitely need to be weary of bait and switch lenders that quote you a rate but don't mention a rate lock.
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6 August 2024 | 0 replies
By doing this, you demonstrate the value you add to your organization to your employer which positions yourself for growth and advancement.What other tips do you have for finding success in your real estate career?
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7 August 2024 | 22 replies
Employment/Economic Diversity/Demand DriversNow if you can buy a house let's say 4-5 bedroom and have your kid live in one for 4-5 years and is the kind of kid who is responsible and a hard worker and a good networker and can keep the bedrooms rented for the next 4-5 years, there certainly could be an opportunity there.
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6 August 2024 | 4 replies
If you are w2 and your employer says they won't list you as a permanent employee, you should take that as a warning that you may be laid off soon.
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6 August 2024 | 5 replies
FHA does not have a clear definition in their guidelines, but most lenders have stability standards, depending on several factors (contract length, previous employment, etc).
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6 August 2024 | 1 reply
Since this is an FHA Streamline, there is no appraisal, no income verification, no employment verification, no out-of-pocket costs, and nothing rolled into the new loan.
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5 August 2024 | 8 replies
If they've got bad credit, we also focus on stable income and employment.
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6 August 2024 | 1 reply
Since this is an FHA Streamline, there is no appraisal, no income verification, no employment verification, no out-of-pocket costs, and nothing rolled into the new loan.
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7 August 2024 | 73 replies
Couple that with the lack of home building post GR and that's made a 1+1 combo equal 5.also in last 60 days, there're bunch of SFR funds liquidating their houses unsure why, but this month the top secret narrative that everyone already know is we are in GFC 2008 situation in CRE fantasy-land ; so it seems lot of funds in trouble and there're lot of redemption request from investors, maybe it's forced selling of the good performance asset to help recover the bad asset. 2024 is extremely interesting Jason, there're lot of factors that keep driving the dynamic of single family, and it's not employment per-se.
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5 August 2024 | 13 replies
Have them fill out an application form listing their previous place of employments, references, etc.