Monday, December 15, 2014

Be sure you have a Plan B Lender!!!



Happy Holidays!

My kids talked me into 'surprising' Daddy with outside Christmas lights aligning our driveway. How I got talked into manual labor, I'll never figure out to this day. At the time, the excitement of being with my boys, running around in the front yard, laughing and coaching them on teamwork was probably how it all started. So fast forward....and I started the chain of lights backwards, meaning, we started at the end, so when we finished at the plug end , and went to plug in....it was the wrong end of the chord! 

Okay, so we DID surprise Daddy, with extra work he had to do to unravel mommy's mess. I'll never live this one down.

Have you ever wanted to unravel something you may have started backwards? This week, we were brought into a deal 911, hoping to unravel and close successfully, just to find out that the buyer did NOT qualify for the 1.5 million dollar house he had been in contract for 45 days. Ouch. How he was able to be strung along that amount of time, and clearly did not qualify, seems negligent to me. And this other lender was...you guessed it, one too big to fail.  

Solution? GET YOUR CLIENTS TO RESEARCH PLAN B at the beginning! Click here  for a sample script how you can do that!!!!! We are here to support you!

IN THE MARKETS:
Rates ended lower last week as CHINA announced, unexpectedly, a ban on certain types of risky lending. Although it will make the financial markets safer for them, it will slow their economy. This in turn will reduce future inflation around the world, which is positive for US bonds, hence rates. READ MORE HERE!

Enjoy your week!

~Jen