#WeekendCalltoAction – Delayed financing exception needed for cash out to do improvements on a new home!? – Well if your client bought a home CASH in the last 6 months and wants to pull cash out – now’s the time! My advice is to call all the title reps and agents you’ve had the pleasure to deal with in the last 60 days on purchases. See if they can give you a warm referral to a cash buyer you didn’t know about. (They didn’t need a loan then)
What I know, is when people move into a new house to them, they always want to do something. Change the bathroom, paint the walls, add a shed etc. If you do a polite “quality assurance” call to follow up on behalf of the RE Agent, and just ask if they are in need to obtain some equity now, it could be your win! Of course talk up the RE Agent or Title rep that referred you and ask for reviews for them. It’s a great way to add value to your partners and source new business at the same time. I go over the guidelines below:
The delayed financing exception can be done very often on both Fannie Mae’s side and the Non-Agency side of things. So reach out we have 9 different options under the Non-Agency umbrella that could help too! #LetsDoBusiness – Get on Point with #BluePoint – CLICK HERE!
As Always – #SellWell