Newsflash

Don't Jeopardize Your Loan
Taking out a another loan, buying a car, or making large credit card charges before you close can jeopardize your loan commitment. Lenders run a second credit check prior to closing to check for new charges.

 

Time to Close
Closing at the beginning of a month, the lender will require you to "prepay" the interest on your loan from the day of closing to the end of the month. Therefore the cash you need to close will be more than if you close at the end of the month. Talk with your lender about this.

Buyers Remorse
It's common for buyers to feel stressed or remorseful during and after the purchase of a home, Educating yourself about the buying process will help minimize "buyers remorse".
You will probably forget it soon after you move into your new home.

Notify Services & Utilities
Don't forget to contact services such as: post office, insurance, movers, telephone, utilities, newspaper, etc. a few weeks prior to you moving out to "change over" billing/mailing addresses.
Get a couple of written estimates from movers on the services they provide for the costs of your move. Check the local Yellow Pages to get quotes and contacts.

Final Walk Through
Do a final walk through as close to the sign off as possible.
Check appliances for operability. Test outlets with a radio or test device. Turn on light switches. Check water faucets and toilets.
Make sure promised cleaning and repairs have been completed.
Check that all items included in the purchase of the home(review contract) are present.
For new construction, write down what needs to be completed or fixed, have builder sign. Include the date when these items will be completed.

Closing Costs
You will have to have your closing cost "monies" deposited in escrow before you can close. Don't bring in a personal check to pay. Money should be in the form of a certified check or a money wire transfer. Check with your escrow officer.

 

Login Form






Lost Password?
No account yet? Register

Syndication

Professional Realtors
Home
Van Witz Realestate Services is the answer!
Your Full Service Real Estate Organization
Wednesday, 20 February 2008

PROPERTY MANAGEMENT : Apartment Buildings, Office Buildings, Industrial Properties, Shopping Centers, Condominiums, Co-ops, Townhome and Homeowner Associations.

LEASING: Apartments,Office Buildings, Retail Strip Centers, Single Family Homes. Full Tenant Screening Services, Check Checks and Past Landlord Checks.

SALES BROKERAGE:Commercial & Residential, Business, Vacant Land, Listing and selling services. A full service Real Estate Broker to serve all your Real Estate needs.

INVESTMENT SERVICES: We take the investor from start to finish and beyond. Covering all aspects of real estate investment, locating the property, evaluating your investment potential, renovating the property, managing the property, marketing the property for re-sale. We work for the investor to create the highest profit margin possible.

LOSS MITIGATION SERVICES: We work together with creditors to help borrowers preserve homeownership. Our loss mitigation team specializes in resolving non-performing assets. We offer the following services for the creditor: borrower contacting, borrower counseling, property evaluation and inspection, REO sales and disposition and property management. We help perform workouts with the borrower to either reinstate, refinance or relocate.

RECEIVERSHIP: Third Party Management, Court appointed receiver of residential and commercial properties. Our objective is to professionally manage the property in order to achieve optimal value for the asset.

REO MANAGEMENT SERVICES: Property Management, site assessments, evictions, loss mitigation, appraisals, BPO's, Listing and selling services, occupied asset management.

BUILDING MAINTENANCE AND REHABS: We specializes in Property Preservation, Rehabs, General Remodeling and Building Maintenance.

 

Last Updated ( Wednesday, 20 February 2008 )
 

Polls

Topic to include at next foreclosure seminar
 

Who's Online

© 2010 chicagolandforeclosure.com
Joomla! is Free Software released under the GNU/GPL License.