28 Mar

Which offer do you want to make?

General

Posted by: David Lloyd

Which offer do you want to make?

$349,000 appropriately priced property

  1. REALTOR® #1 | $349,000
    1. 1 business day to waive financing
    2. Clients Fully Approved
      1. Lender requires review of the agreement, listing
      2. Zero chance the clients won’t be approved because thats already complete
  2. REALTOR® #2 | $350,000
    1. 5 business days to waive financing
    2. Clients Pre-approved
      1. Lender requires review of the agreement, listing, downpayment, income(s) and Credit
      2. Decent chance of requiring more time
      3. Chance the clients will not be approved
  3. REALTOR® #2 | $351,000
    1. 10 business days to waive financing
    2. Clients Pre-approved
      1. Lender requires review of the agreement, listing, downpayment, income(s) and Credit
      2. Chance the clients will not be approved

 

Insist your clients contact me if you want to put in offers requiring only 1 business day for financing. 

  • Win more multiple offers
  • Save your clients stress, time and cash
  • Be that #1 REALTOR®

 

Top quality mortgages including

  • Highly competitive rates
  • 120 day rate holds
  • Full pre-payment privileges

 

 

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12 Mar

1 Day Condition of Financing

General

Posted by: David Lloyd

Yes, 1 day!

  1. Have you lost a deal in the past when a buyer told you they were pre-approved only to came back and tell you they couldn’t get financing?

  2. Have you lost in a multiple offering due to your 5 – 10 day financing condition?

  3. Would you win more multiple offers and/or save buyers money if your offers had just a 1 Day condition of financing?

  4. How many purchases in the Kingston area are going into multiple offers?

My procedure will both virtually eliminate pre-approves falling through and allow you to make offers with as little as 1 Day condition of financing (potentially even 0 days). From now on forget about pre-approvals. Moving forward you’ll work with clients that are FULLY APPROVED!

More information

  • Who can qualify?
    • Most anyone that qualifies for an ‘A’ (big bank) mortgage.
  • What properties qualify
    • Any residential properties in quality condition will work. However, rural properties may require more time (est. 3 business days) only due to the potential of an appraisal being required.
  • Are the rates any good?
    • Rates are competitive
  • Who are the lenders?
    • There are a select number of large well-known quality lenders involved
  • What’s the catch?
    • No catch. I just need to take a regular application and collect the appropriate documents for the buyers

Contact me directly if you have more questions or concerns.

Take care

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