Remove Bankruptcy Remove Debt-to-income ratio Remove Inspection Remove Inspection contingency
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25 Nightmare Scenarios That Can Disrupt Closing (And How to Avoid Them)

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This can radically alter their debt-to-income ratio and jeopardize the whole deal. So get a contract, then call for a home inspection, and then call the insurance company — those are the calls that you make before you do anything else.”. Maybe inspection repairs haven’t been completed as promised or expected.

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21 Dos and Don’ts When Buying a Home

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Lenders will also want to know if you’ve ever declared bankruptcy or owned a house that went into foreclosure. Get a property inspection. It’s always recommended to get a home inspection. A new trade line could alter your debt-to-income ratio and throw off the whole deal if you are not careful.