“I’ve been receiving your informative articles and meetings on Real Estate matters, via e-mail — which is wonderful !!! My hubby and I are in the process of closing a real-estate investment in Las Vegas. We recently received our loan package and now we are in need of assistance in interpreting exactly what we are signing and/or initialing off on. In short, would your services and/or someone from your agency, be able to assist us with reviewing our loan package? If your calendar is open, we would like to reserve a spot. Thank you, and we look forward to hearing from you.
***ANSWER:
Thanks for your email. I appreciate you wanting my advice, but as I’m not a financing expert, I’m not qualified to interpret your loan documents and advise you on this. But I have some suggestions:
1. Call your lender. If he or she is in Las Vegas, set up a phone appointment to go over the documents over the telephone. Give them advance notice and ask if they can get their hands on a duplicate set, which could be difficult. They absolutely should do this for you as you are their client and they’re getting paid on your loan. If they won’t do it or don’t know the documents, talk to their manager.
2. Call another lender you know and trust and ask him or her to look over the documents.
3. Call a real estate attorney.
Good luck…
Maybe our website will help you out a little more. Try this