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“The property must make value at the contracted price in order for the sale to go through, unless the buyer has also offered to pay any amount beyond the appraised value in cash, and if this is ...
“An experienced local agent is key to maximizing your home's value,” says Brian Green, a loan officer at WealthWise Funding. ... market and how you’ve priced your home. 6. Review offers and ...
A single offer may often be below the initial asking price, resulting in negotiation between the buyer and seller over the final price, or possibly the rejection of the offer by the seller. When the seller refuses to negotiate with any buyer with a bid that is lower than the initial asking price, the situation is known as a holdout .
Money is the most common form of consideration, but other consideration of value, such as other property in exchange, or a promise to perform (i.e. a promise to pay) is also satisfactory. Notarization by a notary public is normally not required for a real estate contract, but many recording offices require that a seller's or conveyor's ...
If the property is not sold or under a purchase contract by then, the seller may decide to re-list the property, perhaps with a different listing price, with the same or a different broker or agent, or not list it at all. The listing of the property can start at a date later than the date the listing contract is signed to allow the seller time ...
Juggling multiple loans or credit cards is tricky enough without adding a new mortgage loan to the mix. If you already have a lot of debt, now might not be the best time to invest in real estate.
The purpose of this priority is to establish the order in which lienholders are entitled to foreclose their liens in order to recover their debts. If a property's title has multiple mortgage liens and the loan secured by a first mortgage is paid off, the second mortgage lien will move up in priority and become the new first mortgage lien on the ...
According to a USAToday piece, the market in states such as California and Florida have picked up, with about 10% of listings receiving multiple offers, up from one in 30 last fall."When you begin ...
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related to: multiple offers on a property value in order to pay back