{"id":44158,"date":"2017-08-18T14:56:40","date_gmt":"2017-08-18T18:56:40","guid":{"rendered":"https:\/\/blog.myewm.com\/?p=44158"},"modified":"2017-08-18T14:56:40","modified_gmt":"2017-08-18T18:56:40","slug":"help-me-pink","status":"publish","type":"post","link":"https:\/\/blog.myewm.com\/?p=44158","title":{"rendered":"Help Me Pink"},"content":{"rendered":"<p><strong><span style=\"color: #000000; font-family: Calibri;\">Question<\/span><\/strong><\/p>\n<p><span style=\"color: #000000; font-family: Calibri;\">\u00a0<\/span><\/p>\n<p><span style=\"color: #000000; font-family: Calibri;\">My buyer is under contract to purchase a Single family Investment property for $440,000.00 with 15% Down, the property has no kitchen at all, it is a foreclosed home. His bank is telling him they cannot finance this property if it doesn\u2019t have a kitchen. Can you help?<\/span><\/p>\n<p><span style=\"color: #000000; font-family: Calibri;\">\u00a0<\/span><\/p>\n<p><strong><span style=\"color: #000000; font-family: Calibri;\">Answer<\/span><\/strong><\/p>\n<p><span style=\"color: #000000; font-family: Calibri;\">\u00a0<\/span><\/p>\n<p><span style=\"color: #000000; font-family: Calibri;\">Yes, one of the fifteen lenders we work with allows us to finance your buyer and the property with only the space for a kitchen.<\/span><\/p>\n<p><span style=\"color: #000000; font-family: Calibri;\">\u00a0<\/span><\/p>\n<p><strong><span style=\"color: #000000; font-family: Calibri;\">Question<\/span><\/strong><\/p>\n<p><span style=\"color: #000000; font-family: Calibri;\">\u00a0<\/span><\/p>\n<p><span style=\"color: #000000; font-family: Calibri;\">My buyer is moving to Miami to work at the local University, they would like to move into the home a month prior to starting work at the University so they wouldn\u2019t have to rent.<\/span><\/p>\n<p><span style=\"color: #000000; font-family: Calibri;\">Can you help?<\/span><\/p>\n<p><span style=\"color: #000000; font-family: Calibri;\">\u00a0<\/span><\/p>\n<p><strong><span style=\"color: #000000; font-family: Calibri;\">Answer<\/span><\/strong><\/p>\n<p><span style=\"color: #000000; font-family: Calibri;\">\u00a0<\/span><\/p>\n<p><span style=\"color: #000000; font-family: Calibri;\">Yes, we have a loan program that will allow us to finance your buyer using their work contract, and close on the home a month prior to starting work.<\/span><\/p>\n<p><span style=\"color: #000000; font-family: Calibri;\">\u00a0<\/span><\/p>\n<p><strong><span style=\"color: #000000; font-family: Calibri;\">Question<\/span><\/strong><\/p>\n<p><span style=\"color: #000000; font-family: Calibri;\">\u00a0<\/span><\/p>\n<p><span style=\"color: #000000; font-family: Calibri;\">I have a clients who are empty nesters and want to put a contract on a million dollar condo, but the lender says they need to sell their current home to qualify for the new purchase, they have lived in their home for many years and the mortgage balance is 50% of the home\u2019s value.<\/span><\/p>\n<p><span style=\"color: #000000; font-family: Calibri;\">Can you help with this scenario<\/span><\/p>\n<p><span style=\"color: #000000; font-family: Calibri;\">\u00a0<\/span><\/p>\n<p><strong><span style=\"color: #000000; font-family: Calibri;\">Answer<\/span><\/strong><\/p>\n<p><span style=\"color: #000000; font-family: Calibri;\">\u00a0<\/span><\/p>\n<p><span style=\"color: #000000; font-family: Calibri;\">This situation is becoming more common as people get closer to retirement and want a simpler lifestyle without the hassle of maintaining a large family home. We have a loan program that will allow us exclude the debt from the current residence if the client has at least 20% equity in their current home. <\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question \u00a0 My buyer is under contract to purchase a Single family Investment property for $440,000.00 with 15% Down, the property has no kitchen at all, it is a foreclosed home. His bank is telling him they cannot finance this property if it doesn\u2019t have a kitchen. Can you help? \u00a0 Answer \u00a0 Yes, one [&hellip;]<\/p>\n","protected":false},"author":2113,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_expiration-date-status":"","_expiration-date":0,"_expiration-date-type":"","_expiration-date-categories":[],"_expiration-date-options":[]},"categories":[9,37,59,105,107],"tags":[],"_links":{"self":[{"href":"https:\/\/blog.myewm.com\/index.php?rest_route=\/wp\/v2\/posts\/44158"}],"collection":[{"href":"https:\/\/blog.myewm.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.myewm.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.myewm.com\/index.php?rest_route=\/wp\/v2\/users\/2113"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.myewm.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=44158"}],"version-history":[{"count":0,"href":"https:\/\/blog.myewm.com\/index.php?rest_route=\/wp\/v2\/posts\/44158\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.myewm.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44158"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.myewm.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44158"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.myewm.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44158"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}