Author Archives: Carol Weathers

Once the decision is made to buy or sell a property, you must now consider your plan. Having a clearly defined plan will ensure that you are not taking on unnecessary costs or using time unwisely. The path to purchasing or selling a property is not set in stone. Do you know what your options […]

Full Disclosure:  I am a real estate consultant, professional transactioneer, and real estate investor.  So you would expect me to have a resounding YES to the above question.   My actual answer is MOST LIKELY.  Also, I am not a real estate agent, attorney, accountant and any other professional requiring licensing and that would provide […]

The following is not for everyone.  There is a large percentage of property sellers (owners or investors) that this will make no sense to do. However, there is another relatively large percentage of property sellers who if they knew about these options, would consider this strategy and implement it decisively.  Those are the ones I […]

I am about to say some things here that may offend some people and there will be a significant amount of justification or rationalization.  I am basing this on my experience of over 30 years in the real estate financing and deal structuring business.  You can say that I am making generalizations, but you have […]

We all have a tendency to go with what we know or what we believe is the best way.  We consider ourselves pretty open-minded about many things and there are those few things that are non-negotiable.   Yet when it comes to selling one of, if not, the largest asset we own, we focus on only […]

Option A is my definition of the traditional conforming sale of real estate that every active real estate agent is familiar with. The following is a general outline of Option A.   List the Property For Sale on the MLS Showings and receive offers Present offers to Seller which include loan preapproval or loan commitment The […]

I am starting this article with a request.  Please send me your turndowns.  Consider that if you could close one more customer either annually, quarterly, monthly, or weekly by sending me your turndown, what would that do for your success? You have spent the time, money, and effort to locate a possible home buyer or […]

Let me start by stating NEVER BUY A PROPERTY WITHOUT TITLE INSURANCE. First, we need to define Title Insurance.  Title insurance policy is issued to protect the new owner and at times the lender from what are called “title defects”.  Title defects are any rights, liens, or obligations that are against the title/ownership of a […]

Although Employment and Income may sound like it is one item there is a significant difference between the two and what is communicated to an Underwriter (this is the person that approves or denies your loan). When Employment is considered in a loan analysis, the underwriter is looking for employment stability.  This is determined by […]

Hello, After over 30 years of working with customers, I have found that CIA (Credit, Income, and Assets) are still not clearly understood and how they are considered in approving a loan.  I will address them as concisely as possible here. Credit:  As seen by the mortgage industry, credit is a reflection of the likelihood […]