Wow! eBook
Saving the Deal: How to Avoid Financing Fiascoes and Other Real Estate Deal Killers
Author(s): Tracey Rumsey (Author)
- Publisher: Amacom Books
- Publication Date: January 1, 2008
- Language: English
- Print length: 192 pages
- ISBN-10: 0814400302
- ISBN-13: 9780814400302
Book Description
In a perfect world, real estate agents would work only with prospective home buyers who have preapproved financing, and sellers who are fully aware of their property’s title status. In reality, Realtors can do everything right to get listings, present houses, and make deals… only to have them fall thought at the last minute. Saving the Deal ives readers proactive tips and valuable advice that will help save them the pain and heartache- not to mention the cost- that comes from losing a deal.
Editorial Reviews
From the Back Cover
As a real estate professional, you probably realize that no matter how careful you are and no matter what lengths you go to, some deals just seem to “go sour” at the last minute. But is it really just a matter of luck? Is there anything you can do to save yourself and your clients the pain and heartache-not to mention the cost-of a transaction falling through? Using real-life examples, Saving the Dealgives you everything you need to help you cut common-and even not-so-common-problems off at the pass. The book goes beyond the basics, teaching you how to spot “deal-killing” factors before they spin out of control, including situations involving judgments and liens, mortgage issues, divorce problems, home inspections, contract difficulties, loan approvals, and many others. You’ll find out how to: solve, avoid, or handle tricky title complications prepare “sour-proof” net sheets accurately evaluate a potential buyer through analysis of their preapproval letter spot problems involving dates and deadlines understand the impact that elements such as marital status and bankruptcy have on mortgage loan approval help your clients using FHA loans get a handle on Homeowner’s Associations operate in the tricky terrain of HUD homes and VA loans use preventative measures to better prepare a property and your seller for the reality of inspection day In a perfect world, real estate agents would work only with prospective home buyers who have preapproved financing, sellers who are fully aware of their property’s title status, and contracts with every detail neatly worked out in advance. But no matter what comes up in the real world,Saving the Deal gives you solid strategies that will help ensure you see each deal through to completion. Tracey Rumsey is a Mortgage and Real Estate Continuing Education instructor licensed with the Utah Division of Real Estate. She has more than 10 years’ experience as a mortgage loan officer, and serves as chair for the Utah Mortgage Lender’s Association Education Committee, where she selects and develops curriculum for their education conferences. She lives in Kaysville, Utah.
About the Author
Tracey Rumsey (Kaysville, UT) is a Mortgage and Real Estate Continuing Education instructor for the Utah Division of Real Estate. She has more than 10 years’ experience as a mortgage loan officer, and serves as chair for the Utah Mortgage Lender’s Association Education Committee, where she selects and develops curriculum for their education conferences.
