Get a Contingent Home Offer Accepted

For years and years in the Arizona Real Estate market the word "contingent" caused sellers to cringe or say "what is the next buyer offering."  With our market riding the valuation roller coaster,  Arizona home sellers were understandably cautious when they saw an offer come through that said that the buyer looking to purchase their home was waiting and relying upon their home to qualify for a mortgage loan on the new Arizona home. The issue of course was that if the buyer's contingent sale … [Read more...]

What Do Mortgage Underwriters Do?

Mortgage Underwriters have a very specific and important job.  The mortgage process is made up of several processes all of which ultimately lead to an underwriter approving or declining the loan.   Too often, we hear stories from clients coming to us that involve an underwriter spoiling (or at least complicating) their home loan experience.  While getting a "surprise" decision from an underwriter is typically due to a loan officer not performing their due diligence on the front end, I wanted to … [Read more...]