The perfect storm is what the current market conditions with the addition of mortgage foreclosures. Today my preferred lender told me that one of their underwriters actually stopped accepting lock in agreements for the next few days. Clients that have already entered into a lock in agreement should not be effected by this sudden change. However if someone needs to extend a lock in that option may not be there!

 Lynn Frantzen

WOW – the number of properties for a buyer to choose from can become overwhelming. I try to have my buyer’s look at no more than about 6 properties at any one time or they really start to blend together when you go home and start thinking about each one. I always print out a MLS data sheet for each home that my clients can use for note taking as we walk thru. I think this helps clients narrow down what they liked and really didn’t like about each home. I suggest notes on anything from how the home felt, smelled, looked, traffic, parking, age of appliances and mechanicals. After a few homes it becomes easier to see what items are most important. I recently was showing to a couple that wanted a busy road as he ran a home business out of the garage, he never even mentioned this until he started commenting on too little traffic!

Lynn Frantzen

– Realtor, GRI, ABR

763-742-8553