This Mortgage Tip is brought to you by: Jefferson Lewis Board of REALTORS and Northern Credit Union. After the purchase offer has been signed, the inspections and appraisals done, and the paperwork is in order, the property closing takes place, usually at an attorney’s or lender’s office. Now the broker and agent can get paid. Hi, I am Lance Evans from the Jefferson-Lewis Board of REALTORS®. Previously, I told you that area properties average 7 weeks on the market. I have also reviewed items that need to be done after the offer is accepted. This can be another 8-10 week period. For the agents, this means 4
months or more without being paid. If the sale does not go through, these months of hard work could still result in no pay. Why does a REALTOR® take this chance with no regular pay? To help you to
Dream It, Live It, Own It in Northern New York. This Mortgage Tip of the week brought to you by Northern Credit Union. Whether you're building, buying, or refinancing, Northern will get you the lowest
mortgage rate GUARANTEED and find a solution to fit your needs.
Learn more at mynorthern.com.
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