Did you share that addendum you just had signed with both the lender and the attorney? Make sure you get those sent out quickly. A lot of times the lenders may need to throw those over to underwriting to get approved, especially if it has to do with credits and that sort of thing. You want to get that done early and quickly.
Don't forget or sit on it and send it in the day before closing thinking they can just quickly adjust the settlement statement- that's not always allowed and sometimes there's lender limits on what credits lenders can allow to come to the buyer at closing. You want to get those over early in case there is a problem, so we have time to figure out a different solution.
You might also want to have that conversation with your lender upfront as to what credits and how much you can go out there and get under their loan product.
If we haven't worked together yet, please send us over a contract. Let's work together! We will make closings a better experience for you, Realtors.
-Zeno
Realtors, Lenders, and Real Estate Professionals:
Join our NC Real Estate Facebook Group! https://www.facebook.com/groups/lancasterlawfirm
Interested in Estate Planning? Join our Facebook Group!
Disclaimer No Attorney-Client Relationship Created by Use of this Website: Neither your receipt of information from this website nor your use of this website to contact The Lancaster Law Firm or one of its attorneys creates an attorney-client relationship between you and The Lancaster Law Firm. As a matter of policy, The Lancaster Law Firm does not accept a new client without first investigating for possible conflicts of interests and obtaining/sending a signed engagement letter or email correspondence. Accordingly, you should not use this website to provide confidential information about a legal matter of yours to Lancaster Law Firm. No Legal Advice Intended: This website includes information about current, past, and future potential legal issues and legal developments for educational purposes only. Such information is provided for informational purposes only and may not reflect the most recent legal developments. Posted information is not intended, and should not be taken, as legal advice for a particular set of circumstances you may be experiencing. You should contact an attorney for advice on specific legal problems.
Comentarios