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Showing posts from October, 2009

Michigan Realtors: Writing a Great PA; or, Being your LO’s Best Friend

Michigan Realtors: Writing a Great PA; or, Being your LO’s Best Friend Occasionally, frustrations build as a file in processing begins to struggle a bit and the question may occur to you, “Why are these things arising now, when they seem like they should have been settled so long ago?” And as a good professional it will probably lead you to the next question, “What can I do to help prevent this with my future transactions?” I would like to examine a few simple things that you as a Realtor can do to become your Loan Officer’s best friend and subsequently write a Purchase Agreement that will be well appreciated by all involved. Timeline. Obviously it will always be frustrating when files run into turn-time troubles and it begins to seem like it may never close. You end up feeling like you have heard the same response from the LO a dozen times, and you just want to know what to do. We can prevent a lot of these headaches by having realistic and achievable expectations at the time the PA i