Why we get Buyers Pre-Approved

Missy Caulk is much more eloquent than I. If the agent you are talking to about looking for a home is “nagging” you about getting to a loan officer and getting pre-approved, there IS a reason. Only a mortgage person can tell you for sure if you will be financially able to purchase a home…..JS

Via Missy Caulk-Ann Arbor- Realtor(R)- Ann Arbor Real Estate (Keller Williams-Ann Arbor):

Many times buyers have the idea that we want them pre-approved for a loan for us.

We don’t care just for us but to help them Search for homes in the correct price range in Ann Arbor Area.

This buyer had emailed me to see if I knew of any homes that could be bought on land contract. I emailed back and ask her why she would want a land contract when you can get a FHA loan, with 3.5% down and sellers concessions at a LOW interest rate.

Here is an email I got today:

Well I am asking, because we just tried getting a FHA loan, and we were denied for two reason, My husband had back childsupport and his tax return is paying it off but we are waiting for it to pay it off, and the other reason is he has a Federal loan out from when we was in school, and he didn’t pay on it for a period. so in June it will have been 12 months that we have been consistantly paying on it.

So… I guess that was why i am asking. I have two little girls, and a sick of apartment life, and want a house to call my own, which I am sure you understand! So… That is where we are at to catch you up. I am not sure how much you can help us.

We had a house picked out and everything and went to go put a offer in and found out we weren’t qualified! So my heart has been broken!

Any suggestions? Jen my sister told me to ask you, or your daughter and i happened to pass by something by you today! so I thought i would ask!

Buyer wanted to make an offer.

Fell in LOVE with a house

Heart was broken

It is not about us, but about them

Don’t be afraid to get a Buyer qualified before their heart is broken.

Yes, I know we waste gas and time. But……………………

I don’t like to see hearts broken and folks not qualified to purchase

**********************************************************************

Missy Caulk & Team can be reached at 734-216-2822 or email: Missy@MissyCaulk.com

Our TEAM of 6 buyer associates are available to help you relocate to Ann Arbor, Saline, Dexter, Chelsea, Milan, Ypsilanti Township, Clinton, Manchester, Whitmore Lake, or throughout Washtenaw County, MI.

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Joe Spake

Realtor at InCity Realty

Joe Spake is a Real Estate Broker and Consultant, specializing in Midtown, Downtown, and East Memphis residential properties. His interests include architecture, community activism, music, photography and cooking. Get more great real estate information on Joe's Facebook Page. Call 901-870-3440 or Email Joe@spake.com

Latest posts by Joe Spake (see all)

Thank You, Essential Workers - September 7, 2020
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RE Buzz – Real Estate News Roundup – July 9, 2013 - July 9, 2013

Joe Spake, InCity Realty

5.0

Based on 26 reviews

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sandy benson

21:29 01 Mar 20

My daughter recommended Joe Spake and I’m glad she did. Both the houses I had available sold. Joe was able to find good buyers for both houses and got the best price possible. I felt he was honest, fair and is very knowledgeable in real estate.

Bill Bailey

15:45 07 Nov 19

It was great working with Joe. He's extremely knowledgeable of the Memphis Midtown market as well as a knowledge of what makes an old home tick. He was extremely instrumental in getting a long list of inspection items cleared in order to have a quick closing. We would highly recommend Joe!

Chelsea Meenan

15:52 21 Jun 19

Great Realtor! Excellent knowledge of the Cooper Young and Midtown area! Would recommend!

CECELIA CHILTON

14:06 10 Apr 19

Joe was great to deal with...very efficient and to the point, as well as humorous, when appropriate. He knew exactly how to price the house and it sold very quickly. His help in getting the many details taken care of was amazing. Thanks, Joe

Zachary Webb

15:38 05 Apr 19

Joe was always available for any questions and viewings. Super informed, and knew midtown inside out. I always felt confident with his recommendations and advice. Thanks again!

Dwayne Butcher

05:00 02 Aug 18

Thanks, Joe for being such a great help in buying our condo!If you are considering buying or selling in Memphis, give Joe Spake a try. He knows what he is doing, knows all the people, knows all the tricks, and is very honest with you. Sometimes telling you things you may not want to hear. Joe makes the buying process easy, explains every detail along the way, so you know exactly where you are in the process. Thanks again, Joe!

Robert Elliott

21:43 16 Jul 18

You should definitely work with Joe! We decided to work with him after meeting him when he handled my sister's home purchase. I appreciated his experience, candor, and approach. He knows the Midtown area well and was both patient with us and insightful as we looked at a number of properties in the area.

Genevieve Hill-Thomas

00:07 04 May 18

Joe knows Midtown! We loved working with him from the start--he's truly a professional but breaks everything down for you. While preparing our house for the market, he was patient with us and worked out a strategy for us. Once we left town, he took care of everything--it was complete piece of mind. The result? Not only the easiest real estate transaction we've ever had, but also the quickest! The house sold for more that we thought it could in a flash. My only regret--our move halfway across the country means that Joe can't help us find a new home! Wish we could have taken him with us! :)

Cassie Gerken

03:40 11 Oct 17

Joe is extremely knowledgeable about the midtown area! I worked with him to begin looking for my first home and was impressed with how thorough he was on each showing. He helped me look for important details in the older homes I was drawn to and gave me helpful insights about the construction and potential setbacks of each property. I had a seamless closing and absolutely love my new home. Will definitely call Joe for future real estate needs.

Jan Stone

18:11 12 Apr 17

Joe is more than a realtor: he is a human encyclopedia of what you need to know about neighborhoods, houses, and quirks in construction or functions--all dispensed with candor and humor. He was an honest, patient, and delightful collaborator in ensuring my finding place I love to live. New to the state and slightly less than organized, I benefited greatly from Joe's knowledge of Memphis and tenacious attention to detail.

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