Remove Due diligence Remove Earnest money deposit Remove Loan Officer
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Get Your Own Slice of the Big Apple: Buying a House in Manhattan

HomeLight

Hiring an attorney, which is a local convention in New York , eases the burden of buyer due diligence on an entire building’s amenities, including elevator updates and hot water service. Attorneys also help you understand the scope of future upkeep. Things move really quickly here,” says Chou. “A

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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

Conventional loans often require 20% of the purchase price, while government-backed mortgages could require much less (sometimes nothing!). Loans with less than 20% down often require buyers to pay private mortgage insurance until they reach a certain equity ratio. Due diligence period. Earnest money deposit.