by Athena Paquette | Feb 11, 2017 | Blog, Home Buyers, Home Owners, Investors, Realtors
Success story: What to do when you pay your mortgage to a private party and when you go to pay them off they demand $20,000 more than you owe? This happened over the last week. My client bought a property (9 units) from a man who was the seller and was willing to...
by Athena Paquette | Jan 29, 2017 | Blog, Home Buyers, Investors, Realtors
This week had mostly weaker than expected economic data which helped interest rates only slightly. Tuesday the Existing home sales for December were weaker than expected, down 2.8%. Thursday the initial weekly jobless claims jumped up 22k to 259k and the December new...
by Athena Paquette | Jul 23, 2015 | Blog, Featured, Home Buyers
Our client Serena won the bid on a $210,000 condo in Torrance (against 4 other offers) because she promised to remove contingencies quickly and close in 21 days. And SHE DID. She applied on July 1st and is able to fund on July 20th –yes, even with the loss of a...
by Athena Paquette | Sep 30, 2014 | Blog, Realtors
You need to be on the job for 2 years before being eligible for a mortgage. NOT TRUE. I just had a client come in who has been on her job for 5 months. She is a paralegal, and in the past had been in the hotel business. One lender turned her down, even though she had...
by Athena Paquette | Sep 22, 2014 | Blog, Realtors
Are all pre-approvals are written in stone? Not necessarily. Read the story below and find out why you should run your online pre-approval through QC (Quality Control). I just had a listing agent ask me to verify or cross qualify a client who had approval from...