Sentences with phrase «even qualified buyers»

Even qualified buyers can find it difficult to secure the loans required for residential and commercial property acquisitions.

To improve response time, online real estate marketing service Homes.com offers a lead concierge service, which provides a personalized call center to answer consumer inquiries — and even qualify buyers based on a custom questionnaire.

Not exact matches

Naideck also said he's concerned that the rule will jeopardize his business by shrinking its pool of qualified buyers and may even put some lenders out of business.

Starting Oct. 17, all buyers with high - ratio mortgages — less than a 20 per cent down payment — must qualify based on the five - year benchmark posted rate, even if they have negotiated a lower five - year fixed - ate term.

Home buyers might qualify even if they've been turned down for another loan type in the past.

According to statistics cited by HubSpot, 61 percent of B2B companies send all of their business leads directly to sales, even though only 27 percent of those leads will be qualified to count as «serious buyers.»

But now, Fannie Mae and Freddie Mac both offer 97 % loan - to - value products; that means a 3 % down payment option — even lower than FHA — for qualified buyers.

Starting Oct. 17, all buyers with high - ratio mortgages — less than a 20 per cent down payment — must qualify based on the five - year benchmark posted rate, even if they have negotiated a lower five - year fixed - ate term.

There are weeks where I'll show properties to buyers I've educated and qualified where I'll put hundreds of miles on my car, dozens of hours digging through records and property searching tools, and even a few hours writing offers — and at the end of those efforts, I'll receive $ 0.

This is important for anyone who doesn't qualify as a first time home buyer but needs access to the funds for a down payment on a home, which is even more important in markets with sky - high real estate prices like Vancouver and Toronto.

Even the most qualified and trusted buyers can find it difficult to secure the loans they need to make a secure real estate investment.

The new initiative lets qualified, lower - income buyers with good credit get a mortgage without even having to meet the already low, 3.5 percent down required on most federally - backed mortgage loans.

Even buyers who have been turned down for other programs might qualify.

Would you turn down a qualified buyer for someone who hadn't even spoken to a lender yet?

«It's too hard to get a loan today and when first - time buyers believe that, they won't even begin their search,» says Rob Chrane, president and chief executive of Down Payment Resource, a web - based software company in Atlanta that aims to help potential house buyers qualify for a mortgage.

Many first time home buyers don't think they can qualify for a home loan, but the truth is, there are many types of mortgages available, even for first time home buyers.

Home buyers might qualify even if they've been turned down for another loan type in the past.

This allows your Loan Officer to determine what programs you qualify for, how much house you can afford to buy to buy, what the payments will look like, how much money you will need to pull it all together, and if you even need to take a first time home buyer class.

FHA loans, VA loans, and even USDA loans, for instance can help those home buyers who might not have qualified otherwise.

But if history is any indication, it's going to get even harder for home buyers to qualify for a mortgage loan.

Mostly, first time home buyers and even repeat homebuyers will qualify under the FHA loan program because it has expanded qualifying criteria.

Albano said that even if the low rates are great news for most mortgage owners who pass the requirements of credit and equity to qualify for refinancing, potential buyers will still not leave the sidelines.

Because of recent legislation, all Canadian home buyers must now qualify for a mortgage based on a 25 - year amortization and the posted 5 - year fixed rate — and this applies even if you opt for a longer or shorter amortization, or select a variable rather than fixed mortgage.

If this proposal goes through, it would prompt even tighter mortgage qualifications by lenders, which would further erode the number of qualified buyers in the housing market.

Yet many home buyers don't even think about applying for down payment assistance, because they're not aware of these programs or they assume they don't qualify.

«Continuing government participation in the secondary mortgage market is critical to ensuring that qualified home buyers can obtain safe and sound mortgage financing products even during market downturns, when private entities have historically pulled back,» Veissi said.

And you do what to find a qualified buyer — cold call people when you don't even know if they're in the market?

And that is to meet, greet and connect with prospective buyers who may or may not be interested in or even qualify to purchase the subject property.

Buyers should also check their credit report to make sure everything is accurate and take steps to correct any errors, as that could affect their interest rate or if they can even qualify for a mortgage.

One key advantage of this program for first - time home buyers is that borrowers can qualify, even if they don't have a credit score.

Even with the uptick in inventory, homes are being gobbled up as quickly as they are listed by the many qualified buyers in the marketplace.

But now, Fannie Mae and Freddie Mac both offer 97 % loan - to - value products; that means a 3 % down payment option — even lower than FHA — for qualified buyers.

Prospective home buyers who fall outside that box — even ones with good credit and a sterling history of repayment — might have found it difficult to qualify for a loan.

Qualified buyers are clamoring to buy homes and are even willing to pay over asking price and making up the difference in cash should an appraisal come in low.

Your home was not seen by qualified Buyers, your home languished on the market and then when you see your home isn't selling you reduce the price trying to chase the market to catch up and Buyers see this and will want a discount thinking you are likely anxious or perhaps even desperate, to get your home sold; not a winning home selling strategy when trying to get top dollar for your home.

Even in an era of tight credit, many single buyers who make it through the mortgage pre-approval process are surprised to realize that they're qualified for a larger mortgage than anticipated.

Once you finally find a prospective buyer, he or she will probably have to qualify for financing, which can create further delay or even cause the deal to fall through.

Qualified buyers also can receive the benefit of a VA loan — no money down — even if they are not veterans.

Even if that's not the case, buyers will most likely qualify for more house with the USDA loan.

So it's possible for a first - time home buyer with no down payment to qualify for a mortgage loan — even if it requires an investment.

It's often done with the best of intentions, but manipulating contracts, appraisals, sources of downpayment, and sale prices to help buyers qualify for a higher loan amount — even if it's suggested by the lender — may make you guilty of loan fraud.

Even if the person does financially qualify for a loan at a higher interest rate, it will not be the payment the buyer expected when the contract was negotiated.

Sellers who have been on the market for a while should welcome an offer from a qualified buyer, even if it's below their asking price.

There is legislation currently being considered that will make it even harder for buyers to qualify.

Continuing government participation and establishing an entity that will provide liquidity during all market conditions will help ensure that qualified home buyers can obtain safe and sound mortgage financing products even during market downturns, when private entities have historically pulled back,» Phipps said.

Even buyers who have been turned down for other programs might qualify.