HomeLight

JANUARY 27, 2021

Home financing. This gives both you and the seller more peace of mind that the deal will close and financing won’t hold things up. This can cause issues if there are errors on your application or if there’s something the loan officer missed. Sweeten the pot with earnest money.

Closing costs 117

Closing costs Loans Inspection Earnest money deposit 117

HomeLight

JUNE 30, 2022

Line up financing. It’s important to line up financing well in advance of when you want to start making offers. Be sure to do your research to find a reputable lender who can guide you through financing your first home purchase. Transaction details: the purchase agreement and a copy of your earnest money deposit.

Purchase and sale agreement 72

Purchase and sale agreement Inspection Earnest money deposit Closing costs 72

The Close

DECEMBER 29, 2022

This works in your client’s favor if they are collecting on investments, but against them when applied to debt. Construction loan. A short-term loan that covers the cost to build a property until the owner can secure long-term financing. Debt-to-income ratio (DTI). Earnest money deposit.

Purchase and sale agreement 97

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