Actual - Real Estate

I really hope your answer is a resounding YES!

Here's why:

Of all of the steps involved in a successful real estate transaction

According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product

, the mortgage process is the most detailed, most intense, most involved and, most important part of the entire process. Without

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

the successful mortgage process there is no deal (an all cash offer being the exception).

I know what you're thinking...the Real

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

tor/Agent started the deal and they're an important part of the transaction. Of course they are, and I don't mean to minimize the

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

ir importance. However, there are countless real estate transactions done everyday without their involvement. A FSBO house sale i

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

s probably the most obvious one.

In my area there is a large group of very active investors that prefer not to use Realtors/Agen

ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc

ts because it raises their costs considerably. But they will use a mortgage professional on every single transaction to effective

easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi

ly shop their mortgage and leverage their money.

The point is...you as a "Mortgage Professional," are the most important cog/gea

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

r in the entire real estate process.

Think about it. Depending on the transaction and the lender...you're responsible for the sc

and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ

heduling and the successful completion of the application, the appraisal, the final inspection (new construction), the title orde

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

, the survey order, the flood certification, the pest inspection, the well test, the septic inspection, the mortgage itself, the

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

coordination of the closing date, the timely funding of the loan, the final documents required to close, and finally, the loan m

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

ust be in compliance with both state and federal regulations.

Sometimes it's even more than that...sometimes it may be less. Eit

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

her way, there is no doubt that your efforts are what make it all happen and the mortgage process to be successful.

You put peop

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

le in homes...you make the American dream of home ownership a reality...you assist first-time homebuyers...you spend time with th

t?

As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel

e credit challenged to help them purchase or refinance their home...you help refinance and consolidate people's debt...you save F

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

SBOs and investors great amounts of money...and, you are the driving force in the economic well-being of this great country.

Tha

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

t's why you can say...I do have an "Attitude." I'm proud of the services I provide, the knowledge I have acquired, and the opport

.

As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de

unities that I generate for others. I'm not ashamed or afraid to talk to Realtors/Agents, or FSBOs, or CPA/Accountants, or Financ

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

ial Advisers, or Attorneys, or anyone else for that matter.

I hope you do have an "Attitude!" And yes, I hope you're proud of it

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

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