Earnest money deposit Finance Loans Seller concession 
Realty Biz
MARCH 27, 2022
If you want to give yourself a better chance of having your offer accepted, making it as clean and straightforward as possible will appeal to the seller. Any proposal full of contingencies or seller concessions isn’t going to look as good. Offer a Larger Earnest Money Deposit.
Realty Biz
SEPTEMBER 4, 2023
What it doesn’t take is much money. You only need to put a small amount down as an earnest money deposit, and you get that money back either when the deal closes or if you put contingencies in place for it. Note that you can use the rental income from the other units to help your income qualify for the loan.
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Realty Biz
APRIL 20, 2022
Mortgage Financing Clause. Most home buyers do not have the finances available to buy without a mortgage. So financing is one of the common contingencies in an offer. Your credit score , income, and debt will contribute to the financing that is offered by lenders.
Realty Biz
MAY 24, 2021
What it doesn’t take is much money. You only need to put a small amount down as an earnest money deposit , and you get that money back either when the deal closes or if you put contingencies in place for it. Note that you can use the rental income from the other units to help your income qualify for the loan.
The Close
FEBRUARY 6, 2024
The less your buyers need to finance, the less likely the deal will fall through. They only had to finance a small part of the home loan (less than $100,000) after they offered to pay 80% of the list price in cash. Work with your lender before you submit any offer, and start the loan process for your clients early.
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