It so happen as well that Calvary Chapel was also there with food and clothes. We also had live entertainment, everyone dancing and eating and getting new clothes. It felt like Christmas Day for some. People got bags full of food.

I took my children because I wanted them to learn that there are less fortunate people in this world, and they have to learn to be grateful and appreciative to what they have. It is a privilege to have what they own and what they are given, and with Thanksgiving around the corner it would get them thinking even more.

Take a look at some of the pictures that were taken and some video from the day. You will get to experience some of what was done today. Maybe it will get you into a giving spirit and have you take the time out of your busy schedule to spend time with those who have no one to spend time with. If it is a homeless shelter or even someone in a nursing home who have no family.

Taking the time to help someone in need

Jeannette – Getting you the 411 on Fort Lauderdale Florida

Short Sales in Broward County Florida

I thought this day would never come! I have had a listing since 2009, a short sale in Sunrise, Fl. Wonderful 3/2.5 bath townhouse with Garage. We have gone through 5 buyers, that’s right 5 different buyers!!! This particular loan is with Bank of America, and I am sure you are familar with how hard it is to work with this bank trying to get Short Sales approved.

Every negotiator we had been unresponsive, no phone calls, no return emails, nothing. Then they come back say you have 24 hours to respond to a task they assign. Are you kidding me?! I send you so many emails and voicemail and now you are going to rush me? Well long and behold you rush get to them and they turn around and take just as long as before. So what happens? You lose the buyer because of the length of time it takes. Again it also depends on the buyers agent, whether or not they took the time to explain how long the process can take.

Well back in April, another buyer comes along, buyers agent is great, has explained to the buyer what it takes to get this done. It still took 4 months, but we have gone through it together. Well on Friday, I got a call from BOA that this Short Sale is Approved! Yeah that’s right it’s finally approved! Now our closing date is at the end of this month, so stay tune for a post that says CLOSED!!!!

Jeannette Getting you the 411FL on Broward Florida!

What is a Pre-Approval?

“Pre-approval” means you have met with a loan officer, your credit files have been reviewed and the loan officer believes you can readily qualify for a given loan amount with one or more specific mortgage programs. Based on this information, the lender will provide a pre approval letter, which shows your borrowing power. You can visit as many lenders as you like and get several pre-approvals, but keep in mind that each one carries with it a new credit check.

Although not a final loan commitment, the pre approval letter can be shown to listing brokers when bidding on a home. It demonstrates your financial strength and shows that you have the ability to go through with a purchase. This information is important to owners since they do not want to accept an offer that is likely to fail because financing cannot be obtained.

How do you get pre-approval?
Real estate financing is available from numerous sources, including lenders here in the finance section of Realtor.com, mortgage companies that have worked with local REALTORS® and in some cases, individual REALTORS® themselves. Based on his or her experience, the REALTOR® may suggest one or more lenders with a history of offering competitive programs and delivering promised rates and terms.

The loan officer will carefully review your financial situation, including your credit report and other information. The lender will then suggest programs which most-closely meet your needs. For instance, a first-time buyer may qualify for an FHA Loan putting down as little as 3.5% with a credit score of 620, while a repeat purchaser (someone who has bought a home before) with more equity (money invested in the home) might want to get a 15-year loan and the lower overall interest costs it represents.

Jeannette Neerpat
CondoDomain.com