Remove Earnest money deposit Remove Investor Remove Pre-qualification
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The Best Mortgage Blogs From 2017 | Advice For Home Financing

Rochester Real Estate

For example, if you use a bank for your loan you may already have a pre-existing relationship with them and they sometimes offer very competitive interest rates. Have you tried calling a bank on a Saturday night to get a pre-approval letter? It lead to investors snapping up too many homes even as the market started to slow.

Finance 52
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An Agent Guide to Writing a Home Offer Letter (+ Templates)

The Close

Are they a first-time home buyer, a buyer purchasing a second home for vacations, or an investor? PARAGRAPH VERSION copy to clipboard We are prepared to offer [offer amount] for the property with [earnest money amount] as an earnest money deposit. Optional: earnest money calculation explanation.]

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

The Close

This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. If you want to work with real estate investor clients, read our own Sean Moudry’s simple, yet thorough run down: “ How to Explain 1031 Exchange Rules to Your Clients.” Earnest money deposit.