What do I look for in a realtor?

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Jeff Thomas
Mortgage Advisor, Family Lender
www.lendingsolutions.net  
703-830-9808

Jeff Thomas is a Mortgage Advisor and Financial Educator with Family Lender, Inc. located in Fairfax, Virginia. Jeff has seen the mortgage business change significantly in the 15 years he has been in the business. Changes such zero down loans, to relaxed underwriting guidelines to borrowing more than the house is actually worth on a purchase or refinance transaction. 

With the changes in the mortgage industry, Jeff has had to make changes in the way he performs his job. Jeff originally thought he was a loan originator, but after realizing the positive impact he could have on other peoples lives he made some basic adjustments to his business and now sees his position and career as a financial educator.

By taking the time upfront to get to know the people he serves, Jeff has been able to positively impact and improve the lives of the people he works with by providing relevant and timely advice. . This assistance comes in many forms, from insurance to painting to helping interview the right retirement professional. This core group of professionals allows Jeff to concentrate on providing the right advice for each person he works with.

Jeff is one of 200 people in the country that is both a Certified Mortgage Planning Specialist – CMPS and a Certified Liability Advisor – CLA. Jeff recently co-authored a book with Todd Ballinger, called “Borrow Smart Retire Rich”.  The principles addressed in the book will be covered throughout the video. 

Jeff hopes you gain insight on how to purchase and finance a home and hopefully you will find your time well spent and walk away with some information you did not know before.  Jeff Thomas, Where Advice Does Make A Difference!

 

What do I look for in a realtor?

In this video, mortgage advisor, Jeff Thomas describes how to purchase your first home and the process you must go through to obtain a mortgage. This video is designed for first time homebuyers and also provides valuable information to indivduals who have purchased a home in the past. This video includes an overview of the four parts of a loan file, mortgage jargon, the loan process, house hunting, the types of mortgages available and the 7 steps on how to manage your mortgage correctly.

This expert: 54,232 views

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Transcripts

Jeff Thomas: I am Jeff Thomas, a Mortgage Advisor with Family Lender Inc. Today we are going to discuss the process you go through to find a house and the mortgage process itself. To tell you a little bit about myself, I have been in the Mortgage Industry for 15 years and recently I co-authored a book with Todd Ballenger called Borrow Smart Retire Rich. There are seven parts for the book, which we will discuss at the end of the video. Today we are going to discuss the process that you go through on how to find a house and the find a Realtor?

Host: What do I look for in a Realtor?

Jeff Thomas: The first thing want to look for is a full-time realtor; part time realtor is probably going to have more households than you are going to want. But, the most important part of that is just because you are working with the real estate agent doesn t mean you are working with a realtor. A realtor is somebody that is a member of the National Association of Realtors. They subscribe to a code of ethics on how to deal with you and how to deal with the transaction.

The next part of that is you want somebody that has probably gone to -- and takes some extra classes either a GRI which is a Graduate of the REALTOR Institute and credited buyer s agent. You want people that have taken the time and spent some money to increase certain knowledge, so they can better serve you either; A, through home finding or B, through negotiations.

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