Only One Thing Can Go Wrong from Application to Closing

Real Estate Attorney Rick Carter, Comedian Tony V, and Para Legal Extraordinaire Kathy Holtshouser welcome The I.C.E. Man John Marroni to discuss 105 things that can go wrong from Application to closing and things get a little sideways as topics include:

• John gets rescued by a collage kid who gets an “A” writing about the event
• The psychology of reading a crowd
• Tony V shares some stories of good and bad shows
• According to John Marroni there are 105 things that can go wrong between the application and the closing here are the highlights
  • Your choice for Legal Team is extremely important to make things go smoothly
  • Honesty on the application is a must…Tell John Everything you can
  • Moving out is not a good way to avoid a foreclosure
  • One person lived in their house for 8 years after being foreclosed upon
  • You should only have one Social Security number
  • There is a difference between buying a home and a car…managing your expectations
  • How long after the close can the bank check on your income?
  • Beware of unscrupulous loan officers who may “coach” you into making bad decisions
  • Closing agent should not be bending the rules to complete the closing
  • Is changing employment during the loan process a problem?
  • What is a vacation loan?

 

 

If you need a Real Estate Team that can walk you through the purchase of your new home start with Carter Law offices. All that and much more on this week’s episode of Real Estate House Party recorded this and every week at The Studio 21 Podcast Café and hosted on The United Podcast Network!