The Smooth Loan Process #2010-25

Good Will Always Win Over Evil

Luke Skywalker, Spiderman and Jack Bauer. What do all of these characters have in common? They are the good guys and they always win. Granted, the last three Star Wars movies, Spiderman 3 and the last couple of seasons of 24 have all been awful but that does not diminish the basic truth that good wins over evil.

Let's add home buyers and home owners to this list of good guys. If you are a home buyer or home owner with good intentions, you will win. There is no doubt that you will have your challenges along the way. Short sales, bank owned properties and lower home values have been the evil that we've all had to contend with over the past couple of years but in the end, those of us who stay true to our principals and to our budgets will prevail. Despite all of their power, Darth Vader, The Green Goblin and assorted terrorists all got their comeuppances.

Perhaps you had to short sale your home or you have lost your house to foreclosure. This does not make you a bad guy. Your challenges are different but in the end, you will win too if you make the right choices.

If you can afford the home you are purchasing, you will qualify for the loan. If you can be patient while the bank negotiates your short sale offer, you offer will be accepted. If you are realistic about the bids you are making on a bank owned properties, your bid will be accepted. In reward for your diligence and effort, you get a wonderful home for you and your family. You may not win the first time and that's okay. What's important is that you win the last time.

Be honest, reasonable and patient. Don't give up! Don't swear at your Realtor because the bank negotiator has a heavy workload (that actually happens). In the end you will be rewarded. Sure, there are fewer loan programs available today and more challenges from sellers then there were a couple of years ago, but I have yet to see an application be declined from someone who could truly afford the home he wanted to purchase. And I have yet to see a qualified buyer that was not able to buy a house that suited him.

The Smooth Loan Process lesson for today: Be the good guy and you will win.

Harold Perkins
Galaxy Lending Group, LLC
602-595-1233
Harold@HaroldPerkins.com