Major Challenges:
Major Challenges Expiring Listings and Large Inventory
Slow Closings
Hesitant Buyers
Inflation concerns that could lead to higher rates
Expiring Listings and Large Inventory:
Expiring Listings and Large Inventory Possible negative outcomes from lowering price to move listings and reduce inventory
Lower commissions
Further erosion of neighborhood home values
Seller may blame you for not selling home at the price you both agreed upon
Strategy for creating positive outcomes
Maintain pricing
Make listings stand out by attaching financing strategies to listings
Avoid Slow Closings:
Avoid Slow Closings The Mortgage Lender’s Unique Processes
Guaranteed 2 day underwriting on FHA and USDA loans
Loan packages are sent to underwriting before receipt of appraisals and other “ordered out” documentation
Typical FHA loan closings take 2-3 weeks
Conventional and USDA closings typically take 3-4 weeks
Closing More Customers:
Closing More Customers Hesitant Customers
Do your customers know the risk they take waiting to make an offer?
Customers who are not immediately qualified
The Mortgage Lender can get more of the people you send us approved
TML Niches:
TML Niches Specialized financing options for you listings
Marketing material to showcase financing
Non-traditional credit
Higher debt to income limits – up to 55%
Credit score improvement program
Slide9:
PETE HOREYSECK
Senior Loan Officer
336-760-0772 (office)
336-407-9518 (cell)
PETE@CALLTML.com
Why Wait? Let’s Get Started Today!