Home Loan Information Home Loan Information From A Former Industry Insider

But I HAVE to laugh!

“I am having trouble getting to the closing table with the current broker I went with (don’t laugh), can you get me a 100% LTV on this Porterdale property, and how quickly can you close? The contract close date is (in less than 10 days). Can you close by this date? All the title work has been done and appraisal.”

I quoted that because it was an email that came to one of my team members while several of us were talking about how often people call us, talk to us, learn how to do this and then go someplace else usually because that other place *lied* to them, almost always about rate, loan product and closing costs, to get them away from us. And we did laugh, we all laughed. Heartily.

No less than twice every month does this happen. Some inexperienced loan officer at some unnamed broker or bank tells a caller something crazy that will never happen. In fact we started the clock ticking today on a first time investor who heard our ads on the radio, called us, got some advice, got some pricing and found someone to beat our pricing. Never gonna happen.

First of all they’ll never get the loan for what the other broker priced it … it’s a lie to get them to leave our company. How do I know this? Experience and integrity. Secondly they quoted them on an owner occupied loan … this is for an investment property … without seeing their credit scores, appraisal, financials, etc., which we had in hand. Closing an investment property as a primary residence could at the very least cost you thousand of dollars in fines and fees and at worst land you in the jail house.

If you’ve been to one of my seminars you know I don’t pull any punches. This is my business and my team’s business. We Do Real Estate Investment and we do it better than anyone. We have more programs, more experience and more reliability.

Call my office. Schedule yourself to attend at least my Investor Quickstart Seminar. It won’t take more than 10 minutes to realize why we’re the one team you’ll want to be on when it comes to real estate investing.

678-946-0100 and ask to schedule a seat in the Real Estate Investor Quick Start Seminar.

If you’d like to learn more about these subjects and others visit Cook Property Ventures and get in on some of our seminars, workshops and conference calls!

(c)2006 Ken Cook. All rights reserved. Permission to reprint this article is granted with the following limitations: The article must not be edited except for spelling. This copyright must be included immediately following the article as it appears here. This article may not be included in any materials commercially available for sale or where any fee is charged even for other materials without prior written consent.