Monday, June 13, 2016

How Are Computer Generated Approvals Even Allowed???

 
 
So it only took 6 days for my eldest son to lose his iPhone privilege. He has BEGGED me for a phone for over a year. 'All the kids have one' , 'I'm the only kid at school without one'....blah blah blah. So the day after school ended, he got one. It was time anyway. He got cold busted by his Dad that he and some neighborhood friends were prank calling businesses pretending to order pizza. 6 days. No iPhone, no iPad.  I'm usually one to cave. Not now. Not when I only have 8 years before I release this kid to the world. No way. Accountability at its finest.
 
Speaking of 'releasing to the world'. How was the concept of online FAST/rocket speed pre approvals EVER allowed? This information, released to the public, the mere concept that you can submit an online application, and have a computer generated 'approval' to make an offer? Whoever invented that concept should be stopped. Its a total farce. How do I know this? My team receives on average FIVE 911 calls per week to save deals that other lenders can't do. It's heartbreaking.
 
Have your clients get a 2nd opinion! There is no cost, only time. Of the five this week, we told 3 to stick it out, stay the course. The other 2, we SAVED! They had been denied by other lenders 1 week before closing, and we turned them around. Closing next week!
 
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Upcoming Realtor
 Training Workshops
 
Lunch & Learn: Introduction to Mobile Technology
Monday June 13th
@ 11:30 am- 1:00 pm
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Builder Panel- Trends In New Construction
Wednesday, June 22
@10:30 - 12:00
 
Location:
Legacy Mutual Mortgage
2500 City West Blvd, Ste 750
Houston, TX 77042
 
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Breakfast and Learn!
Mock Loan App Step by Step  Process
Thursday, June 16th
@ 9:30
  
Location:
Cafe Express
1101 Uptown Park Blvd, Suite 12
Houston, TX 77056

RSVP to Annette:
713-579-3606

Monday, June 6, 2016

Things Happen When You Least Expect It!

The first official day of my kid's summer, my 5 year old fractured his left arm. Jumping happily on a trampoline, when he least expected it, his next 5 weeks changed in an instant. Cast above the elbow, 5 weeks, and its red. He also will NOT allow anyone to mark it or sign it. He wants the cast tidy and clean. The fruit does not fall far from the tree (I'm smiling).
 
Speaking of things happening when you least expect...that happens HOURLY in real estate. Ring a bell? That is why you should watch these two (2 min videos) about the TIMELINE, and WHY USING A LENDING TEAM IS IMPERATIVE.
 
Then, after that 4 minutes is over, download my Contract to Closing Checklist to the RIGHT. You will be glad you did. So it will only take you the next 10 minutes.
 
One of the many ways that I bring value to you! Our trusted referral partners. We want to bring you tools of efficiency, and ways for you to close more amazing transactions, so you can get another current client referral! No more internet and Zillow leads! Yipee!!!!!
 
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Upcoming Realtor
 Training Workshops
 
How to explode your business using the 10 Minute Realty app!
Wednesday, June 8th
@ 10:30am-11:30am
  
Location:
Legacy Mutual Mortgage
2500 City West Blvd, Ste 750
Houston, TX 77042
 
Builder Panel- Trends In New Construction
Wednesday, June 22
@10:30 - 12:00

Breakfast and Learn!
Mock Loan App Step by Step  Process
Thursday, June 16th
@ 9:30
  
Location:
Cafe Express
1101 Uptown Park Blvd, Suite 12
Houston, TX 77056

RSVP to Annette:
713-579-3606

Thursday, June 2, 2016

We Saved This Deal; Don't Be Left Behind, Let Us Help!

We saved a deal this week! A 7pm (911) call from one of my realtors was so heartbreaking! The clients have had paperwork with a (big) lender...you can take a few guesses and be right......and its supposed to close Tuesday 5/31. So 7 days before closing, the loan is denied (it had JUST gotten to underwriting). We got the client in the next day, all the paperwork, and YES we are able to do the deal.

The reason? Well, they were not creative enough. Its a common theme when your buyers go to ONE company that has only ONE set of guidelines, theirs.

At Legacy, we represent dozens of lenders, and therefore, we have dozens of ways to do things!

Don't be left behind! Let us give a second opinion to your borrowers before its too late. It will cost them nothing but time.
 
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Upcoming Realtor
 Training Workshops
 
How to explode your business using the 10 Minute Realty app!
Wednesday, June 8th
@ 10:30am-11:30am
 
Builder Panel- Trends In New Construction
Wednesday, June 22
@10:30 - 12:00
 
Location:
Legacy Mutual Mortgage
2500 City West Blvd, Ste 750
Houston, TX 77042
RSVP to Annette:
713-579-3606