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Greg Cook's Blog

By Greg Cook 951-265-4532 | Mortgage Broker
or Lender in Temecula, CA

While you were sleeping your next deal slipped through your fingers

You may not realize it but February 1 is a very important day in the real estate industry.

Why you ask?

Because January 31 was the day all your buyer's received their W-2s. Many of them have already contacted their tax guy or started punching in the numbers themselves in some of the on-line tax preparation softwares.

What does that have to do with your next transaction? Unless you contact your buyers as soon as possible, they may be getting a tax refund they'll only be able to use for the deposit on their next apartment.
Read this, pass along the information, it might save your next deal.

If your clients are first time home buyers, they've never done this before so they probably don't realize the "unintended consequences".

It happened to me, don't let it happen to you

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