Loans By Kathy: April 2012

A Hugely Successful Day

Everyone has their own definition of success.  This past week, for me it was two closings for two first time home buyers.  kathy sheehan mortgage

Each transaction was slightly different.  The first was a short sale where we waiting for 8 weeks for the bank to approve the short sale.  Once we had approval, it was 19 days to closing!  The compliments at the closing table were overwhelming.  The second was an FHA purchase with some repair issues that included potential lead base paint and consequently we encountered a few delays.  Even with the delays, everyone had smiles on their face as they left the attorney's office.

 

There are two more happy homeowners tonight and I am so very excited for both of them.

 

 

If you found this blog valuable, please subscribe by clicking the button to the right.  

Signature 

 


 


Kathy Sheehan Senior Loan Officer

P:

770.634.4021

F:

404.745.8060

 

Bay Equity LLC

FacebookTwitterLinkedInApply Now

11475 Great Oaks Way, Suite 350, Alpharetta, GA 30002

800.BAY.3703 Bay Equity LLC NMLS ID#76988


 

 

What to learn more, Google Me!

 

 

The opinions and general information in this blog are soley those of Kathy Sheehan.  Specifics regarding an individual case should be discussed in detail with a loan professional.  For a confidential consultation, please feel free to contact me via phone or email.  All terms and conditions are subject to change.

 

Comment balloon 9 commentsKathy Sheehan • April 29 2012 05:50AM
A Hugely Successful Day
share
Everyone has their own definition of success. This past week, for me it was two closings for two first time home buyers. Each transaction was slightly different. The first was a short sale where we waiting for 8 weeks for the bank to… more
Credit History Is Necessary
share
There have been many changes in the underwriting process for a mortgage. If you want to borrow money, you have to prove you have a satisfactory payment history. This applies to applications for a mortgage, car loan, or credit cards. In the… more
Get Motivated #15
share
Time for me to take some of my own advice! I have been a little distracted lately and haven't posted in this series. Today's message is based on a personal experience from yesterday. I spent the day looking for a new vehicle. Okay, not my… more
Common Mistakes Made by Salespeople #11
share
Here is the next lesson in the series. Remember who is on your team!!! There is always going to be that one client that pushes your buttons. The one transaction that hits a bump along the way. We all know that once you hit one… more
Brian to the rescue!
share
We all love a story with a happy ending! Here is one that I just wanted to share with you. My cousin Brian has been a member of the Chicago Police Department and a member of the Marine Unit for quite some time. He has been serving the citizens of… more
It Rained in Atlanta
share
Last night was our third meet up in Atlanta Even though it was raining all day, it didn’t dampen our spirits. Setting up… more
What is Your Definition?
share
What is your definition of success? Does your definition change depending on what aspect of our life we are referencing? I was recently asked this question by a family member looking for input for a college paper. I gave her my definition… more
I Lost My Pet - With a Happy Ending!
share
If you are a pet lover the four words, “I Lost My Pet” can be devastating. Now imagine you are 1100 miles from your home and your pet is lost. That is exactly what happened to me. I was in the process of relocating from Dallas,… more
FHA Collections Policy Changes Delayed
share
This spring there will be many changes affecting the FHA mortgage program. As of April 9, 2012, the Upfront MIP will increase to 1. 75% for loans with a 3. 5% down payment; and 1. 2% for loans with a 5% down payment. The maximum loan amount is still… more
Get Motivated #14
share
Most of us have spent the last day or days traveling or spending time with our family and friends. But Monday morning is less than 12 hours away and it is time to redirect our attention to business. With all of the… more