Part one in a three part series.
Smart Home SELLER/Buyer tip:
Over the years we’ve come across just about every road block and speed bump one can encounter in a real estate transaction. In the course of the next few weeks we’re going to breakdown these tacks in the road to home ownership:

The Buyer/Borrower:
1. Does not tell the truth on the loan application.
2. Submits incorrect information to the lender.
3. Has recent late payments on credit report.
4. Found out about additional debt after loan application.
5. Borrower loses job.
6. Co-borrower loses job.
7. Income verification lower than what was stated on loan application.
8. Overtime income not allowed by underwriter for qualifying.
9. Applicant makes large purchase on credit before closing.
10. Illness, injury, divorce or other financial setback during escrow.
11. Lacks motivation.
12. Gift donor changes mind.

Bunches more next time….
Need help with your transaction? Call us…we’ve seen just about everything!
Brought to you by The Tom Smith Realty Group, Thomas J Smith and Amanda Nichols. For more information call/text 609 709-1429 visit: www.Sellertom.com Tom@sellertom.com