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 PERSPECTIVES - A collection of relevant articles about the mortgage industry.

 
 

PRE- APPROVED OR PRE-QUALIFIED: UNDERSTANDING THE ESSENTIAL P's YOUR LENDER OFFERS

By Cody Kessler

 

In this article, we look at the differences of being Pre-Approved and Pre-Qualified and how it benefits the borrower.

 

 

HOW TRANSPARENCY IN OUR PROCESS CAN HELP YOU

By Cody Kessler

 

 

In this article, Cody Kessler of Kessler Lending Advisors, a division of HomeBridge Financial Services, Inc., tackles how your lender's culture should affect you and your home-buying decisions.

 

There are some things in life where you don’t want the whole picture. Where you don’t want to know how it’s made, or what ingredients go into it. Sometimes it’s best not to see in back of the kitchen where your dinner is being prepared Read more...

 

VETERANS SHOULD BEWARE OF MORTGAGE SCAMS

By Cody Kessler,Published: September 25 at 5:00 am

In this column, Cody Kessler of Kessler Lending Advisors, a division of Real Estate Mortgage Network, writes about mortgage scams targeting military veterans.

Early this year, the wife of a retired Air Force colonel called me on my radio program seeking advice on what to do about a refinancing deal that failed to deliver what it had promised... Read more

WHEN SELLING, MAKE SURE YOUR LISTING AGENT YOUR LISTING AGENT IS YOUR WATCHDOG

By Cody Kessler, Published: June 17 at 5:30 am

In this column, Cody Kessler, branch manager of the Rockville and Washington offices of Real Estate Mortgage Network, discusses what sellers should expect of their listing agents when evaluating offers on their homes. This is the first of two parts.

In the current seller's market, many properties are getting multiple offers. But the highest offer may not always be the best offer.The best offer, in many cases, is the one that will close on time.

 

It's your listing agent's job to accept only those contracts that have passed muster. If your listing agent does not take the time to properly vet the buyers' finances and lender, in order to spot a mediocre offer, then he or she is putting you at risk....  Read more

 

THE HIGHEST OFFER ON YOUR HOME MAY NOT BE THE BEST OFFER

By Cody Kessler,Published: June 18 at 5:30 am

In this column, Cody Kessler, branch manager of the Rockville and Washington offices of Real Estate Mortgage Network, discusses what sellers should expect of their listing agents when evaluating offers on their homes. This is the second of two parts..

 

On Monday, we discussed a few key areas that your listing agent would need to delve into with your potential buyer’s lender in order to ensure that an appropriate level of due diligence had been performed, prior to accepting an offer.

 

But these are not the only questions that you need to ask. (At the end of this column, I’ve included an e-mail address where you can obtain my complete due diligence questionnaire)..

 

Lack of due diligence on the seller side of the home buying process can have a negative effect on people’s lives....  Read more