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Suggest You - Real Estate Investing: Follow-Up - The Key To Successful Closings
How many times have you asked someone to do something like “draw up a plan for such and such project”? Your employee completes the plan, but then you say, “That is not what I wanted” or “That is not how you do it”. And so the employee thinks: you didn’t tell me exactly how you wanted it done.If you find yourself having back and forth misunderstandings with your employees, then you might have a communication problem. And this could be creating bad feelin
When you are stopped while driving, the first question that the police invariably asks is "'Do you know why you were stopped?Your reply should be as normal as it can be. In tone and by body language, both. If you were driving beyond permissible speed limits cite the reason. The best and safest bet however is a noncommittal response, "NO". But do not try to fool or outsmart the policeasking you question. In short, don't rub him the wrong way
We can’t begin to tell you the number of closings that almost fell apart, or would have fallen apart had we not kept a watchful eye on the entire process to make sure that everything was completed when it needed to be. Here’s a typical scenario: you’re wholesaling a house and you have just 30 days to get it closed before the contract with the Seller expires. You find a buyer who can get a loan and close before the expiration. Then a few days before closing you find out that the loan isn’t ready and closing must be delayed two weeks, but the Seller already has another Buyer ready to pay more than your price, so they refuse to extend your
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We can’t begin to tell you the number of closings that almost fell apart, or would have fallen apart had we not kept a watchful eye on the entire process to make sure that everything was completed when it needed to be. Here’s a typical scenario: you’re wholesaling a house and you have just 30 days to get it closed before the contract with the Seller expires. You find a buyer who can get a loan and close before the expiration. Then a few days before closing you find out that the loan isn’t ready and closing must be delayed two weeks, but the Seller already has another Buyer ready to pay more than your price, so they refuse to extend your
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In my previous articles, I've explained how medical staffing companies can benefit greatly by selling their receivables to a factor in order to increase their cash availability. Instead of waiting weeks or even months to receive payment for their services, healthcare staffing agencies can factor their invoices and get paid within days.I have also discussed reasons why it's important to shop around and choose an accounts receivable factor who will best m
If you are injured on your job in a workplace accident, it is often necessary to consult an attorney. This is especially the case if you have a severe injury that costs you your job or has resulted in a permanent impairment. You need to consult an attorney if the following occurs:1. If the claims adjuster calls you and wants to take a recorded statement, you should consult a lawyer.2. If you have suffered a number of injuries in your accident a
So what is follow-up? We used to think it meant staying in touch with the buyer to make sure that everything was completed for the loan. Then we learned that the buyer is often a newbie and clueless of what needs to be done. Mortgage brokers just usually respond “Everything looks great” until they can’t close the loan. So the real trick to following-up is to speak to the final decision maker for each step. This works whether you’re selling a retail house or a wholesale house, or even if you are the buyer/borrower. The goal is to close without delays.
Assuming that you have already received a pre-qualification letter from the lender, and ensured that the lender will loan on the deal (i.e. no issues with title sea
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