RIS Media

SEPTEMBER 21, 2020

Approved for short sale : A term that indicates that a bank has approved a homeowner for a reduced listing price on a home, and said home is ready for resale. Closing : A meeting during which ownership of a home is transferred from seller to buyer, usually attended by the buyer, the seller, both real estate agents and the lender.

Pre-approval 90

Pre-approval Pre-qualification Title search Inspection 90

HomeLight

JULY 31, 2020

Because the entire sale hinges on securing this loan, it is a top criteria for closing, and it’s also the most common reason for a delay in the closing process. How it can delay closing. There are several ways that obtaining a loan by the closing date can be challenging. Problems with the title. Short sale.

Closing 111

Closing Purchase and sale agreement Title search Earnest money deposit 111

The Close

DECEMBER 29, 2022

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.

Purchase and sale agreement 97

Purchase and sale agreement Title Proof of funds Pre-approval 97