Listing Details: Springdale, Fayetteville and Rogers, Arkansas Real Estate Listings & Homes For Sale Provided by Greg Hughes

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Email: greghughes@NUMBER1EXPERT.com
Phone: 479-530-1727
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BEAUTIFUL HOME ON 2.64 ACRES

$299,000

Photo of 5050 BOB MILLS RD., SPRINGDALE, AR, 72762.

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Address: 5050 BOB MILLS RD.	City/ST: SPRINGDALE, AR	Zip Code: 72762
Property Type: Single Family Home	New or Resale: Resale	Square Footage: 4000
Bedrooms: 4	Bathrooms: 2 full, 1 half	MLS# 560361

THIS IS A BEAUTIFUL HOME ON 2.64 ACRES AND SITS IN A GREAT LOCATION IN SPRINGDALE CONVENIENT ACCESS TO I540. 4 BEDROOM/3 BATH HOME WITH 2 LIVING AREAS, 2 FIREPLACES, EXERCISE ROOM, PRIVATE OFFICE AREA, SUNROOM, NICE DECK ON BATH WITH SO MUCH MORE. MUST SEE THIS ONE. PRICED TO SELL.

Last Updated: 8/13/2009 12:06:38 PM

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Financing Your Home >Mortgage Fears

It is not unusual for home buyers to feel that the lender is being very critical during the loan approval process. The buyer is required to provide all kinds of financial information, and then the lender asks for more. If this is your experience, and the process seems discouraging, remember that none of this is personal!

Some lenders have more stringent requirements than others, but every lender requires a substantial amount of documentation on a mortgage loan. They must verify employment, credit history, and recent financial transactions involving your liquid assets. If your Visa payment was late, they may ask for a letter explaining why. If you are self-employed, they will ask for tax returns from at least three years and probably a year-to-date profit and loss statement.

Government regulations require mortgage companies to document everything. And while the loan officer may know that you are a reliable risk, the underwriters must be able to defend the loan to a federal bank examiner or auditor.

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Q	Where is the world's largest dome?
A	The Louisiana Superdome, with a diameter of 680 feet, is located in New Orleans, Louisiana.
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Greg Hughes, REALTOR�, real estate agent and broker for Springdale, Fayetteville and Rogers, Arkansas home listings, property and land for sale

Greg Hughes
Exit Realty Premier
3880 Willowwood Suite A
Springdale, AR 72762
479-530-1727
Fax: 479-756-9835
greghughes@NUMBER1EXPERT.com

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