There it is again, can you hear it? The story goes; you have been pounding the metal on your current real estate transaction working to the bone for your clients. The furry of the high drama getting the deal accepted, going through the contingencies such as the inspection, getting all of your paperwork ducks in a row. Documents faxed back and forth, signatures, dates and Ts crossed.
Does this sound familiar? Then you get to a place where there are no more papers flying, no more faxes faxing. Where are you? The twilight zone you say? But no, you are in Dun Dun Dun Dun….UNDERWRITING! It’s that period of time just before you are ready to close your real estate deal. The bustle is done and it is in the place for lender review. All is quiet and the waiting begins until final mortgage loan approval is given to go ahead and fund.
We are in the stop and go period and it never changes. Your loan is being given the scrutiny of the microscope. Once it has come out of underwriting, the bustle begins again until your clients move into their new home. What a great time for Real Estate!
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