New paperwork to buy and sell your home

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Buying or selling a home just got an update! There are some important new forms that your agent will be sharing with you, thanks to the latest NAR guidelines. Don't worry, we've got you covered—watch these quick video to see what’s new and how it affects your transaction. Let’s keep your journey smooth and informed!

It's best NOT to amend Buyers agent compensation, after you have signed a contract. Check out the video below. The APOR test will need count changes in Buyers agent comp too, regardless if the seller or buyer is paying for the compensation. Changing compensation, after the contract is signed, results in NON customary fees, and puts the client in a additioanl Federal qualification.

In a National meeting last week, Fannie had a few clarifications. This is true with FHA and VA also.

Warm regards, Patty Newby & theLoanDesigners

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"Initial direction was very informative & offered encouragement & direction. Builder not clear about dates so threw us off. At finance time time not clear exactly what was needed re: everyday credit cards so cost me more. Tonya & Zach came thru & all went well."

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"Jenn is amazing. She made sure that the whole process was smooth as possible. She explained things very thoroughly. She has a passion to make sure families get the home of their dreams. And I’m very grateful to have worked with her."

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"Attention to detail, follow up, quickness and easy process. Thank you"

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"It was a smooth process from star to the end."

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