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"SUE HAS BEEN VERY PROFICIENT"
"Her knowledge and experience in the real estate business is beyond reproach."
- Michael & Robin Popoli - Ocean City, Maryland
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Being one of Ocean City's most successful agents for over 22 years and ranking in the top 25 agents in her company does not happen by accident. Sue's incredible attention to detail combined with her comprehensive systems and first class Support Team are key ingredients to her success. Consistently delivering the winning combination of attentive personal service with the highest level of professional skills. Mission statement: "Very simply...to give such incredible service that our customers and clients feel compelled to recommend us to their family, friends and acquaintances after they have gone to settlement on their real estate purchase." Please Sign Up For The Latest Listings and the Latest Real Estate News
Financing Your Home >Qualifying Guidelines
It may be difficult to qualify for a home mortgage loan. As a buyer, you may find the perfect home, but finding the perfect financing might become elusive. After you complete the application process, your lender may turn you down, which is an upsetting development for any prospective homebuyer. What can be done to remedy such a setback?
The answer depends on why you were turned down. If your income is too low to satisfy one mortgage company, there might be another company with more liberal qualifying guidelines. If you have had credit problems, some lenders may be more willing than others to help you clear them up in a manner that satisfies their underwriters. If your loan runs into problems, sit down with the loan officer and your real estate agent to investigate the possibility of using a different lender. The first company may be able to "assign" the package to a competitor, enabling you to use your same credit report and appraisal. You will need the cooperation of your sellers, too.
While loan rejections are disappointing, they can be resolved.
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| Q |
Where are the highest median price homes in the United States currently located?
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| A |
According to the NAR, the highest median price in the second quarter of 2005 was $726,900 for homes in California's San Francisco Bay area. |
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