Rochester Real Estate

NOVEMBER 5, 2015

Factors such as earnest money deposits, loan approvals, and real estate agent involvement should be considered. Begin by confirming your loan approval and securing a complete and documented pre-approval from your lender. This includes considering financial stability, loan pre-approval, and contingencies.

Earnest money deposit 52

Earnest money deposit Pre-approval Purchase and sale agreement Pre-qualification 52

Rochester Real Estate

NOVEMBER 5, 2015

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? Delays on the mortgage process SUCK, but they can also put your hard earned money at risk.

Finance 52

Finance Mortgages VA loan Pre-approval 52

The Close

DECEMBER 29, 2022

Earnest money deposit. Also known as a “good faith deposit,” it’s the amount of money a buyer puts in escrow to show their commitment to purchase a property. Jumbo loans generally require stricter qualifications, higher credit scores, and higher income and/or cash reserves. Pre-approval.

Purchase and sale agreement 98

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