Topics for today
1. Stacey's weekly update
https://workdrive.zohoexternal.com/external/aam8NEQprXn-K7AOf
6:55 Update and house keeping items
Buyer's final walk trough - make sure it is signed before they go to the closing table
Go to Zillow, realtor.com , social media and others and make sure your license number and information is updated
Agent meetings
5 contracts Kim, Hannah, Mike S, Shana, Heather
5 closings Susan, Logan, 2 Kim, 1 Katy
Trivia question about Stacey - what type of music does Stacey listen to most frequently?
2. Third Party Finance & Appraisal Waive
https://workdrive.zohoexternal.com/external/aam8NEQppm7-K7AOf << AR Purchasing Packet
10:35 Appraisal addendum that waives the value - your client waives
11:10 Approval of financing
Section 8 Property Approval - appraisal waiver doesn't mean you are waiving everything, it applies if it appraisal goes under value
If you have waived the appraisal you can go back or terminate and get earnest money back
protect clients and their investments. Assessment of the condition of the property
Addendum - Concerning Right to terminate due to Lenders Appraisal
Even if they waived an option period and the inspector saw the items you can terminate.
3. Merch Store Monday
Real Estate Word of the day : https://www.realestateabc.com/glossary/
Biweekly Mortgage : A mortgage in which you make payments every two weeks instead of once a month. The basic result is that instead of making twelve monthly payments during the year, you make thirteen. The extra payment reduces the principal, substantially reducing the time it takes to pay off a thirty year mortgage.
That's a wrap:
Winner of Stacey's trivia - country music
Third party finance and appraisal waive
Merch store