Mortgage Solutions For You!

Published by pacbay on Tue, 07/22/2014 - 16:00 in
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Are You Protected?

 

Does Your Real Estate Property (house, condo, rental, etc.) have the following installed?

1. Carbon Monoxide Detector

2. Smoke Detector

3. Water Heater secured tightly with double straps

A client was refinancing their home--the loan was approved and the appraisal was completed. There was a smoke detector in every room and the water heater was double strapped and secured, but there was no Carbon Monoxide Detector. If you do not know what that is, then you are not alone. The client had to go to Home Depot, get the detector, and install it. The appraiser had to come back, take a photo of the installation, and send this proof to the lender--with a charge of $150. Only after this was completed were loan documents ordered for closing. Before you sell or refinance, be sure that you are well protected.

 
 

CLICK HERE TO VIEW THE REQUIREMENTS.


 

Whom Do You Know That Might Benefit From Our Tailored Mortgage Solutions?


 
 
 
 
 
 
 
 
 
 

Equal Housing Opportunity Lender

355 Gellert Blvd, Suite #230, Daly City, CA 94015
Main: 415.242.0730 / Fax: 650.550.4961

NMLS# 196454 / NMLS Consumer Access Website