Step 2:
You find the property perfect for the buyers. At this point I provide the updated approval letter, the automated approval letter, my bio and the proof of funds to submit with your offer. Once you submit your offer, I contact the listing agent to introduce myself, build rapport, and share why they should choose our offer to purchase their listing.
Step 3:
Upon an accepted offer, I will request the master estimate from the escrow company to disclose the loan immediately, and request an insurance quote. Upon the signed disclosures, we will order the appraisal and submit to underwriting.
Step 4:
Upon approval, we will send out the CD for the buyers to sign to eliminate any delays in signing the actual loan documents. No matter how efficient I am, there are always going to be conditions that pop up from the underwriting team. Maybe a piece of info isn’t clear, what we haven't doesn't suffice, or maybe it is escrow items. Whatever it is, we immediately request from the parties who needs to provide. Upon receiving the final requested conditions, these will be resubmitted along with the receipt of the appraisal, to obtain the clear to close.
Step 5:
74
Powered by FlippingBook