Sometimes, closing the deal on a home can be more difficult than the move itself. In a real estate market like this, every aspect of the closing is harder, says Dolly Lenz, vice chairman of top real estate broker Prudential Douglas Elliman.
Changing markets make people nervous, she says. It’s true for buyers, sellers and lenders. Everyone wants to avoid a glitch in the closing process, which is why you need to be prepared for every eventuality.
Bank scrutiny is intense as ever – perhaps deservedly so – meaning you should be prepared for your lender to review your documents two, three, even four times. The title company will review everything too, and the appraisers are looking over documents with a fine-toothed comb, Lenz says.
It helps to have an experienced real estate attorney on your side, too. Just make sure to negotiate a flat fee up front.
The most important document you need to have, according to Lenz, is the certificate of occupancy. But for all documents, it’s crucial to have them up-to-date to prevent you from going back to the drawing board in one of the most fragile markets in decades.
To ensure you close the deal, gather all the paperwork and ensure that the seller has ordered a home inspection. Also ask the seller to get an opinion of value just in case you, the buyer, want to re-negotiate the terms, Lenz advises.
Monday, May 4, 2009
Friday, May 1, 2009
Rates for May 1st 2009
LA MORTGAGE INC. a Rodeo Realty company
15300 Ventura Bl. #101 Sherman Oaks, CA 91403
Jeffrey Fink Email: jefffink@lamortg.com
Mobile: 818-723-1638 Office: 818-986-7300 ext 120 Fax: 818-986-1066
Conforming Limits: $100,000 to $417,000 May 1, 2009
Rates
5.0% 30-Year Fixed
HIGH CONFORMING
Conforming: $417,001-$729,500
Rate: 5..5% 30 Year Fixed
Rate
JUMBO LOANS
LOAN AMOUNTS $729,551-$10,000,000
5 Year Fixed 5.625 %
10 Year Fixed 6.25%
FHA LOANS LOAN AMOUNTS TO 96.5% LOAN TO VALUE30
30 Year Fixed $100,000-$ 417,000 5.25 %
$ 417,001 -729,500 5.5%
Rates are based on a 1- 1.5 point origination and are subject to change without notice and are for broker and realtor use only. Rates are constantly changing so call me for updates
There are a lot of changes taking place every day and clients have a lot of questions so please do not hesitate to have your clients call me.
Remember that LA Mortgage is a mortgage broker and we do refinancing as well as purchase money loans.
15300 Ventura Bl. #101 Sherman Oaks, CA 91403
Jeffrey Fink Email: jefffink@lamortg.com
Mobile: 818-723-1638 Office: 818-986-7300 ext 120 Fax: 818-986-1066
Conforming Limits: $100,000 to $417,000 May 1, 2009
Rates
5.0% 30-Year Fixed
HIGH CONFORMING
Conforming: $417,001-$729,500
Rate: 5..5% 30 Year Fixed
Rate
JUMBO LOANS
LOAN AMOUNTS $729,551-$10,000,000
5 Year Fixed 5.625 %
10 Year Fixed 6.25%
FHA LOANS LOAN AMOUNTS TO 96.5% LOAN TO VALUE30
30 Year Fixed $100,000-$ 417,000 5.25 %
$ 417,001 -729,500 5.5%
Rates are based on a 1- 1.5 point origination and are subject to change without notice and are for broker and realtor use only. Rates are constantly changing so call me for updates
There are a lot of changes taking place every day and clients have a lot of questions so please do not hesitate to have your clients call me.
Remember that LA Mortgage is a mortgage broker and we do refinancing as well as purchase money loans.
Friday, April 24, 2009
Rates and news for April 24th
LA MORTGAGE INC. a Rodeo Realty company
15300 Ventura Bl. #101 Sherman Oaks, CA 91403
Jeffrey Fink Email: jefffink@lamortg.com
Mobile: 818-723-1638 Office: 818-986-7300 ext 120 Fax: 818-986-1066
Conforming Limits: $100,000 to $417,000 April 24, 2009
Rates
4.5% 30-Year Fixed
4.25% with a cost of 2.0%
HIGH CONFORMING
Conforming: $417,001-$729,500
Rate: 5.5% 30 Year Fixed
Rate
JUMBO LOANS
LOAN AMOUNTS $729,551-$10,000,000
5 Year Fixed 5.625 %
10 Year Fixed 6.25%
FHA LOANS LOAN AMOUNTS TO 96.5% LOAN TO VALUE30
30 Year Fixed $100,000-$ 417,000 5.0 %
$ 417,001 -729,500 5.375%
Rates are based on a 1- 1.5 point origination and are subject to change without notice and are for broker and realtor use only. Rates are constantly changing so call me for updates
There are a lot of changes taking place every day and clients have a lot of questions so please do not hesitate to have your clients call me.
Remember that LA Mortgage is a mortgage broker and we do refinancing as well as purchase money loans.
15300 Ventura Bl. #101 Sherman Oaks, CA 91403
Jeffrey Fink Email: jefffink@lamortg.com
Mobile: 818-723-1638 Office: 818-986-7300 ext 120 Fax: 818-986-1066
Conforming Limits: $100,000 to $417,000 April 24, 2009
Rates
4.5% 30-Year Fixed
4.25% with a cost of 2.0%
HIGH CONFORMING
Conforming: $417,001-$729,500
Rate: 5.5% 30 Year Fixed
Rate
JUMBO LOANS
LOAN AMOUNTS $729,551-$10,000,000
5 Year Fixed 5.625 %
10 Year Fixed 6.25%
FHA LOANS LOAN AMOUNTS TO 96.5% LOAN TO VALUE30
30 Year Fixed $100,000-$ 417,000 5.0 %
$ 417,001 -729,500 5.375%
Rates are based on a 1- 1.5 point origination and are subject to change without notice and are for broker and realtor use only. Rates are constantly changing so call me for updates
There are a lot of changes taking place every day and clients have a lot of questions so please do not hesitate to have your clients call me.
Remember that LA Mortgage is a mortgage broker and we do refinancing as well as purchase money loans.
Wednesday, April 22, 2009
Rates & infor for April 22nd
LA MORTGAGE INC. a Rodeo Realty company
15300 Ventura Bl. #101 Sherman Oaks, CA 91403
Jeffrey Fink Email: jefffink@lamortg.com
Mobile: 818-723-1638 Office: 818-986-7300 ext 120 Fax: 818-986-1066
Conforming Limits: $100,000 to $417,000 April 22, 2009
Rates
4.875% 30-Year Fixed
4.25% with a cost of 2.5%
HIGH CONFORMING
Conforming: $417,001-$729,500
Rate: 5.625% 30 Year Fixed
Rate
JUMBO LOANS
LOAN AMOUNTS $729,551-$10,000,000
5 Year Fixed 5.625 %
10 Year Fixed 6.25%
FHA LOANS LOAN AMOUNTS TO 96.5% LOAN TO VALUE30
30 Year Fixed $100,000-$ 417,000 5.25 %
$ 417,001 -729,500 5.5%
Rates are based on a 1- 1.5 point origination and are subject to change without notice and are for broker and realtor use only. Rates are constantly changing so call me for updates
There are a lot of changes taking place every day and clients have a lot of questions so please do not hesitate to have your clients call me.
Remember that LA Mortgage is a mortgage broker and we do refinancing as well as purchase money loans.
15300 Ventura Bl. #101 Sherman Oaks, CA 91403
Jeffrey Fink Email: jefffink@lamortg.com
Mobile: 818-723-1638 Office: 818-986-7300 ext 120 Fax: 818-986-1066
Conforming Limits: $100,000 to $417,000 April 22, 2009
Rates
4.875% 30-Year Fixed
4.25% with a cost of 2.5%
HIGH CONFORMING
Conforming: $417,001-$729,500
Rate: 5.625% 30 Year Fixed
Rate
JUMBO LOANS
LOAN AMOUNTS $729,551-$10,000,000
5 Year Fixed 5.625 %
10 Year Fixed 6.25%
FHA LOANS LOAN AMOUNTS TO 96.5% LOAN TO VALUE30
30 Year Fixed $100,000-$ 417,000 5.25 %
$ 417,001 -729,500 5.5%
Rates are based on a 1- 1.5 point origination and are subject to change without notice and are for broker and realtor use only. Rates are constantly changing so call me for updates
There are a lot of changes taking place every day and clients have a lot of questions so please do not hesitate to have your clients call me.
Remember that LA Mortgage is a mortgage broker and we do refinancing as well as purchase money loans.
Monday, April 20, 2009
Rates for April 20th 2009
LA MORTGAGE INC. a Rodeo Realty company
15300 Ventura Bl. #101 Sherman Oaks, CA 91403
Jeffrey Fink Email: jefffink@lamortg.com
Mobile: 818-723-1638 Office: 818-986-7300 ext 120 Fax: 818-986-1066
Conforming Limits: $100,000 to $417,000 April 20, 2009
Rates
5% 30-Year Fixed
4.25% with a cost of 2.5%
HIGH CONFORMING
Conforming: $417,001-$729,500
Rate: 5.625% 30 Year Fixed
Rate
JUMBO LOANS
LOAN AMOUNTS $729,551-$10,000,000
5 Year Fixed 5.625 %
10 Year Fixed 6.25%
FHA LOANS LOAN AMOUNTS TO 96.5% LOAN TO VALUE30
30 Year Fixed $100,000-$ 417,000 5.25 %
$ 417,001 -729,500 5.5%
Rates are based on a 1- 1.5 point origination and are subject to change without notice and are for broker and realtor use only. Rates are constantly changing so call me for updates
There are a lot of changes taking place every day and clients have a lot of questions so please do not hesitate to have your clients call me.
Remember that LA Mortgage is a mortgage broker and we do refinancing as well as purchase money loans.
15300 Ventura Bl. #101 Sherman Oaks, CA 91403
Jeffrey Fink Email: jefffink@lamortg.com
Mobile: 818-723-1638 Office: 818-986-7300 ext 120 Fax: 818-986-1066
Conforming Limits: $100,000 to $417,000 April 20, 2009
Rates
5% 30-Year Fixed
4.25% with a cost of 2.5%
HIGH CONFORMING
Conforming: $417,001-$729,500
Rate: 5.625% 30 Year Fixed
Rate
JUMBO LOANS
LOAN AMOUNTS $729,551-$10,000,000
5 Year Fixed 5.625 %
10 Year Fixed 6.25%
FHA LOANS LOAN AMOUNTS TO 96.5% LOAN TO VALUE30
30 Year Fixed $100,000-$ 417,000 5.25 %
$ 417,001 -729,500 5.5%
Rates are based on a 1- 1.5 point origination and are subject to change without notice and are for broker and realtor use only. Rates are constantly changing so call me for updates
There are a lot of changes taking place every day and clients have a lot of questions so please do not hesitate to have your clients call me.
Remember that LA Mortgage is a mortgage broker and we do refinancing as well as purchase money loans.
Friday, April 17, 2009
Rates & info for April 17th
LA MORTGAGE INC. a Rodeo Realty company
15300 Ventura Bl. #101 Sherman Oaks, CA 91403
Jeffrey Fink Email: jefffink@lamortg.com
Mobile: 818-723-1638 Office: 818-986-7300 ext 120 Fax: 818-986-1066
Conforming Limits: $100,000 to $417,000 April 17, 2009
Rates
5% 30-Year Fixed
4.25% with a cost of 2.5%
HIGH CONFORMING
Conforming: $417,001-$729,500
Rate: 5.625% 30 Year Fixed
Rate
JUMBO LOANS
LOAN AMOUNTS $729,551-$10,000,000
5 Year Fixed 5.625 %
10 Year Fixed 6.25%
FHA LOANS LOAN AMOUNTS TO 96.5% LOAN TO VALUE30
30 Year Fixed $100,000-$ 417,000 5.25 %
$ 417,001 -729,500 5.5%
Rates are based on a 1- 1.5 point origination and are subject to change without notice and are for broker and realtor use only. Rates are constantly changing so call me for updates
There are a lot of changes taking place every day and clients have a lot of questions so please do not hesitate to have your clients call me.
Remember that LA Mortgage is a mortgage broker and we do refinancing as well as purchase money loans.
15300 Ventura Bl. #101 Sherman Oaks, CA 91403
Jeffrey Fink Email: jefffink@lamortg.com
Mobile: 818-723-1638 Office: 818-986-7300 ext 120 Fax: 818-986-1066
Conforming Limits: $100,000 to $417,000 April 17, 2009
Rates
5% 30-Year Fixed
4.25% with a cost of 2.5%
HIGH CONFORMING
Conforming: $417,001-$729,500
Rate: 5.625% 30 Year Fixed
Rate
JUMBO LOANS
LOAN AMOUNTS $729,551-$10,000,000
5 Year Fixed 5.625 %
10 Year Fixed 6.25%
FHA LOANS LOAN AMOUNTS TO 96.5% LOAN TO VALUE30
30 Year Fixed $100,000-$ 417,000 5.25 %
$ 417,001 -729,500 5.5%
Rates are based on a 1- 1.5 point origination and are subject to change without notice and are for broker and realtor use only. Rates are constantly changing so call me for updates
There are a lot of changes taking place every day and clients have a lot of questions so please do not hesitate to have your clients call me.
Remember that LA Mortgage is a mortgage broker and we do refinancing as well as purchase money loans.
Wednesday, April 15, 2009
Rates and news for April 15th 2009
LA MORTGAGE INC. a Rodeo Realty company
15300 Ventura Bl. #101 Sherman Oaks, CA 91403
Jeffrey Fink Email: jefffink@lamortg.com
Mobile: 818-723-1638 Office: 818-986-7300 ext 120 Fax: 818-986-1066
Conforming Limits: $100,000 to $417,000 April 15, 2009
Rates
4.625% 30-Year Fixed
4.25% with a cost of 2%
HIGH CONFORMING
Conforming: $417,001-$625,500
Rate: 5.375% 30 Year Fixed
Rate
JUMBO LOANS
LOAN AMOUNTS $625,500-$10,000,000
5 Year Fixed 5.625 %
10 Year Fixed 6.25%
FHA LOANS LOAN AMOUNTS TO 96.5% LOAN TO VALUE30
30 Year Fixed $100,000-$ 417,000 5.0 %
$ 417,001 -729,500 5.5%
Rates are based on a 1- 1.5 point origination and are subject to change without notice and are for broker and realtor use only. Rates are constantly changing so call me for updates
There are a lot of changes taking place every day and clients have a lot of questions so please do not hesitate to have your clients call me.
Remember that LA Mortgage is a mortgage broker and we do refinancing as well as purchase money loans.
15300 Ventura Bl. #101 Sherman Oaks, CA 91403
Jeffrey Fink Email: jefffink@lamortg.com
Mobile: 818-723-1638 Office: 818-986-7300 ext 120 Fax: 818-986-1066
Conforming Limits: $100,000 to $417,000 April 15, 2009
Rates
4.625% 30-Year Fixed
4.25% with a cost of 2%
HIGH CONFORMING
Conforming: $417,001-$625,500
Rate: 5.375% 30 Year Fixed
Rate
JUMBO LOANS
LOAN AMOUNTS $625,500-$10,000,000
5 Year Fixed 5.625 %
10 Year Fixed 6.25%
FHA LOANS LOAN AMOUNTS TO 96.5% LOAN TO VALUE30
30 Year Fixed $100,000-$ 417,000 5.0 %
$ 417,001 -729,500 5.5%
Rates are based on a 1- 1.5 point origination and are subject to change without notice and are for broker and realtor use only. Rates are constantly changing so call me for updates
There are a lot of changes taking place every day and clients have a lot of questions so please do not hesitate to have your clients call me.
Remember that LA Mortgage is a mortgage broker and we do refinancing as well as purchase money loans.
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