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Get Your Own Slice of the Big Apple: Buying a House in Manhattan

HomeLight

APRIL 19, 2021

Jean Chou , the principal attorney at JLC & Associates , advises her clients who buy in smaller buildings to schedule their own inspections as part of the homebuying process. A lot of times, it’s not unusual for a homebuyer to submit an offer, and they’re being asked to wire over 10% within a week” for an earnest money deposit.

Earnest money deposit 76
Earnest money deposit Due diligence Inspection Agents 76
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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

DECEMBER 29, 2022

How else would you and your clients understand how much is being paid in principal and interest over the years? Due diligence period. What if your clients are asking about their due diligence period? Earnest money deposit. Original principal balance. Annual percentage rate (APR).

Purchase and sale agreement 98
Purchase and sale agreement Title Proof of funds Pre-approval 98
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