All Forum Posts by: Amir M.
Amir M. has started 1 posts and replied 4 times.
Post: The Final Frontier - Northeast DC
Amir M.Posted
- Posts 4
- Votes 1
@Junie Joseph I saw a real nice 2 BR in Trinidad recently that was part of the City First program. I'm not sure of the details but the economic development program subsidizes a sizable chunk of the price -- this particular property on Queen St was selling for 260K instead of 340K, for example.
Post: Lender asked for tax returns in prequal process. Is that normal?
Amir M.Posted
- Posts 4
- Votes 1
thanks everyone. good points and very helpful, much appreciated.
Post: Lender asked for tax returns in prequal process. Is that normal?
Amir M.Posted
- Posts 4
- Votes 1
@Dennis M. Thank you. In this case it’s the lender not the seller who is asking for the tax returns. Nothing too hide but seems a bit much just to get prequalified.
Post: Lender asked for tax returns in prequal process. Is that normal?
Amir M.Posted
- Posts 4
- Votes 1
Looking to buy a multi-unit property in the DC area. Some properties require a prequal letter just to see the property and my realtor referred me to his lender to provide the letter. The lender asked for tax returns for my partner in order to prequalify. Is that normal? The bigger banks I’ve worked with in the past have never asked for tax returns at this stage but maybe I’m missing something. Thanks for your opinion on this.