a Lender’s “needs list” for financing real estate

Below is a list of items needed for financing; which can be sent to the Lender between now and when you have a property under contract:

  1. Lender Needs ListLast 60 days of pay stubs
  2. Complete 2010 and 2011 FILED tax returns (all pages, schedules, and w2’s)
  3. All 2012 W-2’s
  4. Bank statements for most recent 2 months (all pages)
  5. Most recent retirement account statements (all pages)
  6. Copy of drivers licenses and social security cards for all applicants
  7. Employer contact info to verify employment
  8. Realtor contact info to help with contract preparation
  9. Your chosen homeowner’s insurance agent contact info
  10. Credit card authorization or check for appraisal fee (fee determined by lender)

If you have fixed income

  1. Annual Social Security Benefits statements
  2. Documentation of other retirement income (if applicable)
  3. 1099’s for 2010 and 2011 and 2012 for all fixed income
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11 Reasons to Sell your Home During the Holidays

  1. Top reasons to sell real estate-home in tx winter holidaysPeople who look for a home during the Holidays are more serious buyers!
  2. Serious buyers have fewer houses to choose from during the Holidays and less competition means more money for you!
  3. Since the supply of listings will dramatically increase in Spring  there will be less demand for your particular home! Less demand means less money for you!
  4. Houses show better when decorated for the Holidays!
  5. Buyers are more emotional during the Holidays, so they are more likely to pay your price!
  6. Buyers have more time to look for a home during the Holidays than they do during a working week!
  7. Some people must buy before the end of the year for tax reasons!
  8. January is traditionally the month for employees to begin new jobs. Since transferees cannot wait until Spring to buy, you must be on the market now to capture that market!
    [Read more…]
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