The fact that lenders have to sell the mortgages to regain their funding availability and replenish their warehouse lines of funds. Most people to do not understand that this is how lenders get the money to lend!
On the other hand the seller is looking for quick property sale. They just want to get rid of their loans very quickly. They are looking for a smart and intelligent investor to sell their property.
Good food and a movie. Take your dad out for a date. Treat him to nice dinner at his favorite restaurant. After which, bring him to the movies and watch the latest flicks. Surely this would be a night when you can have a relaxed conversation with your dad and help him ease his mind of worries and stress.
Prioritize the lenders by their rates and terms that best fit your financial needs and ability to repay. Start contacting those lenders by phone or online. If the call to your credit union seems unpromising, proceed with making inquiries to the non-traditional lenders. Remember, you are looking for a lender who does not want collateral.
How much do you spend every month in clothes, games, expensive restaurants… Now cut your money to the half, leaving apart the costs of renting a flat or the buy now pay later no credit check instant approval for a moment. Could live in that new way? Of course you could, and many of you will say yes. But at same time, many of you will be thinking: “Wow, that could be a difficult situation”.
For the buyers the house sale price is a major issue now a days. They don’t have the money for a house.As an investor you have to find them and guess what an easy source of money to pocket.
Last final remark! The process of a Reverse Mortgage does not have to be strenuous or upsetting, you should feel comfortable in knowing that the professional is their and will be there during the process and after the closing in case you need answers or advice. If you want great service and commitment be willing to pay for it. Just like anything else in life you most always get what you pay for and professional services are not exception to the rule.