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loan underwriting

Year-End Home Sales: “The Waiting is the Hardest Part” (Apologies to Tom Petty)

“Every day you see one more card You take it on faith, you take it to the heart The waiting is the hardest part” —”The Waiting“; Tom Petty, lyrics Buyers have certainly been known to wait ” sometimes for years ” for the right house. At least to Realtors, however, it is Sellers who seem to...
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Fast Close = Strong Buyer (Usually)

Vetting the Buyer’s Finances Prior to closing, at least, the best evidence that a (non-cash) Buyer can financially perform is a Written Statement from a reputable lender. Typically given by the Buyer to the Seller a couple weeks after the deal has been struck, it says that the lender has:  a) completed vetting the Buyer’s finances,...
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“The Waiting (is the Hardest Part)”

Post-Deal Hurdles Every day you see one more card You take it on faith, you take it to the heart The waiting is the hardest part –“The Waiting“; Tom Petty, lyrics Buyers have certainly been known to wait — sometimes for years — for the right house. At least to Realtors, however, it is Sellers...
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