SHERMAN OAKS, Calif. - (Business Wire) Realtor Grace Michelman understands a difficult situation, but nothing could have prepared her for the credit storm that was Jack Granville(a). His FICO score was poor, his loan approval was non-existent, and his money was in escrow. Grace knew the situation was tough, but her expertise would shine through. Thanks to her, Jack is moving into his new house next week. Here is their story:
After searching for three months in Sherman Oaks, Jack Granville found the perfect home with the help of Grace Michelman. However, when Grace’s client’s credit was checked for loan approval, a huge problem presented itself. Jack had a poor credit score of 674. To make matters worse, the best offer available for this independent contractor was a high interest mortgage rate with a 35% down payment. The situation was not looking good because the assets were already in escrow, but Grace was confident that with her expertise he could overcome this roadblock.
Thanks to Grace’s contacts within the industry, she was able to find Jack a new credit lender who was able to repair his credit score. After four weeks of hard work, Jack’s credit score had jumped to 775. This amazing leap in FICO scores turned Jack’s payment crisis into a non-issue. His mortgage status progressed from non-approved, to a payment of $6,000/month, then all the way down to an affordable $3,600/month. This is truly a miraculous turn around. None of this would be possible without the full involvement of Realty Specialist Grace Michelman.
Jack credits this eventful turnaround to Grace Michelman’s expert philosophy of diligence and personal involvement with her clients. Grace understands that being a successful Realtor means going beyond finding the right house to making her clients feel at home every step of the way. In this instance, she was truly Jack’s saving Grace.
Grace Michelman’s 5 Buyers Tips in Today’s market:
1. Check your credit - Get pre-approval from your local bank. This determines your credit score and what type of a home you can afford.
2. Select the right Realtor – referrals are always the best way.
3. Find a lender – check with your Realtor first, they constantly work with credit lenders.
4. Choose your location – you can change everything inside your home, however, you cannot change your neighbors.
5. Make sure you are at “WAR”- Willing, Able and Ready to buy.
(a) name has been changed for Client’s protection.
Grace Michelman's passion has established herself as a buyers and sellers professional Realtor. She is committed not only to the current needs of each client, but their future needs as well. Her objective is clear: To be your Real Estate Consultant For Life! As testimony to her success, over 70% of her business comes from her client referrals!
For more information visit: www.gracemyrealtor.com.
XTS Global
Amanda Mooney
323-545-6767
amanda@xtsglobal.com
www.gracemyrealtor.com
