The competion is fierce on good listings. My mom's home was listed on Tuesday and there are already a bunch of offers over list price. All offers will be reviewed on Monday.
It can be frustrating when making an offer on a home and your offer gets turned down.
The best way to get an offer accepted is to get a full credit approval by your broker/lender.
A credit approval is getting approved for everything pending a home. This means that you will need to provide your loan officer the following;
Last 2 years W-2s
Most recent 30 days worth of pay stubs
Copies of your most recent 2 months bank statements (all pages)
If you own rental property or a business - Send your most recent personal AND business federal tax returns (all schedules and attachments)
Current copies of your current mortgage, insurance, and tax statements (HOA statement if applicable) if you are keeping any properties.
Credit report will need to be pulled.
Another thing that can put you at the top of the list is a Dear Seller letter. Tell them about yourself and why you want to purchase this home. Become a person to them and not just a number.
If you are in California or Florida - I can help you. I have GREAT loan officers that I work with and I can refer the best of the best (in my humble opinion) and I or one from my processing team can take care of you.
You can reach me at Kelly@thecontractprocessors.com
If you are a loan officer looking for the best contract loan processor - I can help you too!
I'm just an email away.
