Housing Wire

FEBRUARY 9, 2021

When you go to buy a home , your mortgage lender will almost always order a home appraisal. Specifically, they want to be sure it’s worth the money they’re lending you and, most importantly, that they’ll recoup their investment if you default on the loan. 5 reasons to refinance your mortgage right now. The purpose?

Earnest money deposit 482

Earnest money deposit Seller concession Loans Lending 482

Housing Wire

FEBRUARY 19, 2025

Secure a mortgage pre-approval As a rule of thumb, its best to have your clients obtain a mortgage pre-approval prior to setting up any searches and conducting property tours. Explain how each of these elements can strengthen or weaken their offer through the eyes of a seller.

Closing 248

Closing Earnest money deposit Due diligence Pre-approval 248

Redfin

FEBRUARY 18, 2025

Can you roll closing costs into your mortgage? Your lender can explain their specific policies, the rules around this practice, and which costs are eligible to be rolled into the mortgage. Your lender can explain their specific policies, the rules around this practice, and which costs are eligible to be rolled into the mortgage.

Closing costs 52

Closing costs Closing VA loan Seller concession 52

Realty Biz

DECEMBER 5, 2022

The buyer can have their earnest money deposit returned when this happens. Most of the time, the problems are not significant enough for a buyer to terminate but to either negotiate the price or ask the seller to complete repairs. Most of The Time, Having The Seller Make Repairs is a Mistake.

Inspection 138

Inspection Earnest money deposit Purchase and sale agreement Inspection contingency 138

Realty Biz

MAY 24, 2021

What it doesn’t take is much money. You only need to put a small amount down as an earnest money deposit , and you get that money back either when the deal closes or if you put contingencies in place for it. You rent out the other units to your neighbors, and they cover your mortgage. House Hacking.

Earnest money deposit 124

Earnest money deposit Hard money loan Seller concession Investor 124

Realty Biz

MARCH 27, 2022

If you want to give yourself a better chance of having your offer accepted, making it as clean and straightforward as possible will appeal to the seller. Any proposal full of contingencies or seller concessions isn’t going to look as good. Offer a Larger Earnest Money Deposit.

Purchase and sale agreement 117

Purchase and sale agreement Earnest money deposit Seller concession Finance 117

Realty Biz

APRIL 20, 2022

Mortgage Financing Clause. Most home buyers do not have the finances available to buy without a mortgage. Before you apply for a mortgage, you’ll need to do some research with lenders to find out what interest rate will be available to you. So financing is one of the common contingencies in an offer.

Purchase and sale agreement 104

Purchase and sale agreement Home sale contingency Earnest money deposit Inspection contingency 104