Buying a home? Get expert tips on appraisals, negotiations, and mortgage strategies in our latest podcast episode with mortgage maven Marc! Tune in for a smooth home-buying journey.
In this episode, Paula and Marc Edelstein continue to unravel the mysteries of home appraisals and the predicaments they can pose when the numbers don't match up with your purchase price. They stress the importance of choosing the right home-buying real estate and mortgage professionals. Marc underscores the importance of staying informed about quarterly changes in lenders' guidelines and credit scoring. It emphasizes the value of having knowledgeable professionals on your team who are up-to-date with these changes, ensuring top-notch client support. This episode is packed with insider knowledge you want to take advantage of!
Marc Edelstein is a Senior Mortgage Loan Officer at Ross Mortgage Corporation. Marc is a seasoned loan officer with 21 years of experience helping residents in the region achieve their homeownership goals. He provides personalized guidance and support to his clients to make informed mortgage decisions.
Marc understands that every client is unique, so he takes the time to get to know them and their specific needs. From pre-approval to closing, he is with his clients every step of the way, answering their questions, addressing their concerns, and helping them navigate the complex mortgage lending process. Marc’s team has the expertise and resources to guide clients through the process and help them achieve their financial goals.
Link mentioned:
Opt out of unsolicited home-buying calls: https://optoutprescreen.com/
Find Marc:
Website: https://www.thatmortgagebanker.com/
LinkedIn: https://www.linkedin.com/in/maedelstein
Email: medelstein@rossmortgage.com
Phone: 248-379-6749
Episode highlights:
(0:00) Intro
(0:41) Property appraisal for the lender
(2:14) Escalation clause
(3:46) Appraisal report and next steps
(7:34) The bottom line in buying a house
(10:58) The shopping window
(12:06) Expiration dates of documents and credit reports
(16:24) How to connect with Marc
(16:51) Outro
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