{"id":44319,"date":"2017-08-29T15:21:27","date_gmt":"2017-08-29T19:21:27","guid":{"rendered":"https:\/\/blog.myewm.com\/?p=44319"},"modified":"2019-04-04T16:01:03","modified_gmt":"2019-04-04T16:01:03","slug":"ask-pink-q-a","status":"publish","type":"post","link":"https:\/\/blog.myewm.com\/?p=44319","title":{"rendered":"Ask Pink Q & A"},"content":{"rendered":"

Q.<\/strong><\/p>\n

I just went thru a transaction with my buyers lender that was a nightmare I sent emails and left messages to the loan officer but didn\u2019t receive hardly any information or updates from the them, the sale closed but I grew a few more grey hairs on that one.<\/p>\n

 <\/p>\n

How do you keep everyone informed when financing a sale.<\/p>\n

 <\/p>\n

A.<\/strong><\/p>\n

You will never be in the dark when working with HomeServices Lending, we use a Transaction Status Update that lists the major stages and their completion thru the process to closing, I send this out weekly and have had a great response to it.<\/p>\n

Example below;<\/p>\n

 <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Done<\/strong><\/td>\nClient Pre-approved<\/td>\n<\/tr>\n
Done<\/strong><\/td>\nRatified contract received<\/td>\n<\/tr>\n
Done<\/strong><\/td>\nInitial disclosures sent to borrower(s)<\/td>\n<\/tr>\n
Done<\/strong><\/td>\nDisclosures signed\/returned to lender along with requested income\/asset\/credit docs<\/td>\n<\/tr>\n
Done<\/td>\nBorrower schedules home inspection<\/td>\n<\/tr>\n
Done<\/strong><\/td>\nLoan submitted to underwriting for initial review<\/p>\n

Loan submitted to Condo Project Team for review<\/td>\n<\/tr>\n

Done<\/strong><\/td>\nCommitment letter (conditional approval) received and forwarded to borrower<\/td>\n<\/tr>\n
Done<\/strong><\/td>\nTitle work ordered<\/td>\n<\/tr>\n
Done<\/strong><\/td>\nAppraisal ordered<\/td>\n<\/tr>\n
Done<\/strong><\/td>\nTitle work received<\/td>\n<\/tr>\n
Done<\/strong><\/td>\nAppraisal received<\/td>\n<\/tr>\n
Done<\/strong><\/td>\nAppraisal and trailing conditions are reviewed by underwriter for final approval<\/td>\n<\/tr>\n
Done<\/strong><\/td>\nFile submitted to Closing department to generate CD<\/td>\n<\/tr>\n
Done<\/strong><\/td>\nFinal Customer Call and Closing instructions given to client<\/td>\n<\/tr>\n
\u00a0<\/strong><\/td>\n*****LOAN CLOSES!*****<\/td>\n<\/tr>\n
\u00a0<\/em><\/strong><\/td>\n<\/tr>\n
Buyer\u2019s Agent:<\/td>\n<\/tr>\n
Seller\u2019s Agent:<\/td>\n<\/tr>\n
Title Company and Closer:<\/td>\n<\/tr>\n
Mortgage Loan Officer: \u00a0Sam Pink<\/td>\n<\/tr>\n
<\/td>\n<\/tr>\n
Please feel free to contact\u00a0me with any questions. We\u2019ll be sure to keep you updated throughout the process to ensure a timely and smooth closing!<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Q. I just went thru a transaction with my buyers lender that was a nightmare I sent emails and left messages to the loan officer but didn\u2019t receive hardly any information or updates from the them, the sale closed but I grew a few more grey hairs on that one.   How do you keep […]<\/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":[9,15,25,55,91],"tags":[],"_links":{"self":[{"href":"https:\/\/blog.myewm.com\/index.php?rest_route=\/wp\/v2\/posts\/44319"}],"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=44319"}],"version-history":[{"count":2,"href":"https:\/\/blog.myewm.com\/index.php?rest_route=\/wp\/v2\/posts\/44319\/revisions"}],"predecessor-version":[{"id":61490,"href":"https:\/\/blog.myewm.com\/index.php?rest_route=\/wp\/v2\/posts\/44319\/revisions\/61490"}],"wp:attachment":[{"href":"https:\/\/blog.myewm.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.myewm.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.myewm.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}