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All Forum Posts by: Fred Shatzoff

Fred Shatzoff has started 54 posts and replied 432 times.

The fee is usually 9% to 15% of funded amount.

Post: Financing drying up?

Fred ShatzoffPosted
  • Lender
  • Posts 604
  • Votes 160

15% down on investment I don't think so.

Post: Financing drying up?

Fred ShatzoffPosted
  • Lender
  • Posts 604
  • Votes 160

30% down.

Post: Financing drying up?

Fred ShatzoffPosted
  • Lender
  • Posts 604
  • Votes 160

What type of loan are you trying to get?

What is grow up property? Perhaps give some details what you are trying to do. I have been in lending for over 20 years have never heard of this. 

I know Gerber sells a grow up life insurance policy. 

Post: What price do I sell at?

Fred ShatzoffPosted
  • Lender
  • Posts 604
  • Votes 160

First offer is usually the best. With the state of economy take it and close as quick as you can.

Is she going to live in the property? If so contact a local bank. Most important is she still working.  That will be the most important thing to qualify for a loan. Best of luck. 

Is there something you are offering? What are you trying to do?

Your loan officer should know.  If not ask to speak to his manager