Construction, Debt-to-income ratio and Earnest money deposit

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Construction

Debt-to-income ratio

Earnest money deposit

Helping Clients Buy a Home Before They Sell

The Residential Specialist

AUGUST 31, 2023

It may have to do with not wanting to uproot kids before the end of a school year, having to be in a location for a new job, waiting on new construction to be completed or just having found the perfect house and not wanting to risk losing it. Is there a way to put down more— a higher, nonrefundable, earnest money deposit?

Earnest money deposit

Earnest money deposit Debt-to-income ratio New Construction Equity

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

The Close

DECEMBER 29, 2022

It’s essentially the idea that if you invest your returns into more investment, that money multiplies. This works in your client’s favor if they are collecting on investments, but against them when applied to debt. Construction loan. Debt-to-income ratio (DTI). Earnest money deposit.

Purchase and sale agreement

Purchase and sale agreement Title Pre-approval Proof of funds

Residential Realty Today

Helping Clients Buy a Home Before They Sell

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

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