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What Are Common Terms and Conditions in a House Offer

Realty Biz

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. Before you apply for a mortgage, you’ll need to do some research with lenders to find out what interest rate will be available to you.

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How to Avoid a Delayed Closing: 7 Common Roadblocks to Be Aware of

Redfin

It’s recommended to get pre-approved before house hunting to give yourself a realistic idea of how much home you can afford ; however, a mortgage pre-approval doesn’t guarantee that your loan application will be approved. By far, one of the biggest nightmares is that the mortgage falls through on the closing day.

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How to Sell a House by Owner in South Carolina: A FSBO Guide

HomeLight

Marketing your home is time-consuming. Not having agent representation could also lead to paying more in seller concessions. Without the help of an agent to guide you through the disclosure process, you may put yourself at legal risk to be held liable for potential future problems with your home. See the next step!).