Office stuff
This annual August event gets all of the KW agents to together for seminars and networking.
What is Mega Camp?
I hope you don't see this on your preliminary title report because this is a lien on any real estate property owned by the judgement debtor and is recorded with the county.
What is an Abstract of Judgement?
Thank goodness for the home warranty, but the basic one year home warranty policy doesn't cover roof, thank goodness you can add for it for this amount.
What is $100?
This report is ran during the mortgage application and is good for four months. It has scores, creditors and liens, oh my!
What is a credit score?
This is the time frame you have to wait to buy a house with a FHA mortgage, after your bankruptcy is discharged.
What is two years?
Do you like to sing, well this gracious host always opens her house to our KW family for some Karoake fun! She also manages to find time to close some deals.
Who is Karen Anderson?
Alright, we have an accepted offer! this is the day when the clock start for contingencies and close of escrow.
What is the day after acceptance?
Man, it seems like this guys knows everyone! and did you know he is certified to teach CPR classes and not to mention he brings donuts!!
Who is The Company's Ray Gasteulum?
This is latin for slow death (sorry, mortgage humor), it is the schedule of payments for the life of the loan.
What is the amortization schedule?
This can be used in lieu of job history, as long as the line of work is the same as the education?
What are school transcripts?
This person was featured with Mary King during Producers Club on April 14. Have you ever heard on the phone, she doesn't take no for answer!
Who is Carol Anne Mills?
Everyday counts on a real estate contract but contingencies and close of escrow can't be preformed in these three days.
What is Saturday, Sunday or a holiday?
This type of home warranty covers the property while it is listed and it is costs less than a dollar a day!
What is seller's coverage?
This is not your interest rate!!! This is the cost for the interest rate per year when you factor in some lender fees.
What is the annual percentage rate?
This unpopular loan program usually has interest only payments and has a shortened term before the entire balance has to be paid, pop!
What is a balloon payment?
This is Keller Williams Annual day of giving. We collect for three local great charities! Extra credit, what's the date this year?
What is Red Day (May 11th, 2023)?
This land is your land, this land is my land... if you need to share your land, it's smart to have one of these. It gives the legal right to cross or otherwise use someone else's land for a specified purpose.
What is an Easement?
Grant Luna posted a great video on his Tech Tuesday series, now I know more about these. You can use Fidelity agent one, or ask Ro and she can get one calculated for you.
What is a seller net sheet?
This is the less popular automated underwriter during the preapproval process, Fannie Mae's (DU) brother, the funny thing it usually has less documents for closing.
What is Loan Prospector (LP)?
These two items are required for a departing residence when someone rents out their existing house and buying another.
What is a security deposit and one year lease?
This is the name of the daughter of our awesome Nicole. It definitely gives off a ray of sunshine!
Who is Olivia Rae Schuchert (Pletkovich)?
What is a 1031 exnange?
This title document should be completed in all transactions and should be submitted the earlier the better to prevent any delays in closing.
What is the Statement of Information
This is the "official" numeric name for the uniform residential loan application.
What is the 1003?
This is the term that is the difference of the value of the home and the amount that is still owed on the property.
What is Equity?