RIS Media

APRIL 8, 2022

Something can come up (such as an unanswered financial obligation or a significant purchase before the closing that changes the debt-to-income ratio) and put a home back. . The title search reveals issues. Whenever you’re purchasing real estate, a title search is one of the standard boxes that must be checked.

Debt-to-income ratio 144

Debt-to-income ratio Title search Backup offer Home sale contingency 144

Real Trends

MARCH 8, 2023

If your sellers have a backup offer, evaluate all the facts before you switch to accepting that deal. If there is no backup offer, request a 2-week extension so you have time to resolve the issues. Ratio issues What does this even mean? Typically, the total debt-to-income ratio should be 36% or less.

Debt-to-income ratio 99

Debt-to-income ratio Finance Backup offer Agents 99

Housing Wire

MARCH 21, 2025

If you have a backup offer, know the facts before switching to that deal. If you don’t have a backup offer, get a 2-week extension, so you have time to resolve the issues and still get to the closing table, then get to work. Lenders require specific debt-to-income ratios to qualify a borrower for a mortgage loan.

Finance 355

Finance Debt-to-income ratio Backup offer Agents 355