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What Are Common Terms and Conditions in a House Offer

Realty Biz

So if you are only able to get a home loan at 5.25%, you can walk away from the deal with your earnest money deposit. Most standard financing contingency language, however, will include the amount your financing and when you need to get your commitment. Home Sale Contingency.

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How to Avoid a Delayed Closing: 7 Common Roadblocks to Be Aware of

Redfin

It’s recommended to get pre-approved before house hunting to give yourself a realistic idea of how much home you can afford ; however, a mortgage pre-approval doesn’t guarantee that your loan application will be approved. Most title companies and attorneys don’t accept personal checks over $500, sometimes less.

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How to Sell a House by Owner in South Carolina: A FSBO Guide

HomeLight

Marketing your home is time-consuming. Not having agent representation could also lead to paying more in seller concessions. Without the help of an agent to guide you through the disclosure process, you may put yourself at legal risk to be held liable for potential future problems with your home. See the next step!).