Big Bucks for Postage
So I’ve covered alot of ground since Tuesday’s post.? I met with my Realtor on Wednesday and we went over my plans for making MLS offers.? The majority of our meeting was spent going over the Champaign County Association of Realtors contract.? I don’t know why, but I was expecting that contract to be more complex than it turned out to be.? That thing is only 4 pages long and very easy to understand.? I now have it saved in PDF form and since I have Adobe Acrobat, I can manipulate it so that I can do everything electronically, even my signatures.? You know I’m all about using technology for sake of efficiency so it’s on now!? To supplement each offer, he suggested that I enclose a letter explaining who I am and why I want to buy the seller’s house and also a bank pre-approval letter.? The bank pre-approval letter is going to be a mini-hurdle.? I have a 700 credit score and a decent income, but my debt to income ratio is through the roof (I finance a lot of my business on credit cards)!? I’m pretty sure that is a deal breaker.? I mean it’s not like I’m going to close on any of these houses, I just need the letter.? This is a classic, “It’s not what you know but who you know” situation.? I’ll figure it out.