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Your Conclusive Guide to Buying a House with Cash

HomeLight

Anyone asking the seller to help them with closing costs. If you’re using cash, you’ll have to show proof of funds with your offer. The two most common mortgage contingencies include: Financing contingency : The buyer’s finances need to check out to lend them the money. FHA and VA buyers with low down payments.

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

The Close

Clients might be interested in an ARM because it allows borrowers to take advantage of interest rate decreases without having to go through a whole refinance process and pay additional closing costs. An established chain of title helps protect the buyer from future challenges to ownership. Clear title. Closing costs.