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Are there any advantage to the seller that does a sellers consetion?
Wiki User
∙ 14y ago
Many time a potential buyer does not have the funds for a downpayment and the closing costs. The seller will give money back to the buyer at the closing to cover these costs.
In most cases, the seller is mainly concerned with what they are netting..meaning how much money they are actually walking away with. A Seller's Concession is a tool to help a potential buyer qualify to purchase. Assuming the home appraises out there is very little impact on the seller
Wiki User
∙ 14y ago
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WILL the borrower BE hELD responsible for property taxes during foreclosure?
It depends on whether or not they have already been paid. Some sellers request a partial refund for any taxes already paid. Others will pay them for you. Just depends on what the seller wants to do really.
Do sellers pay closing costs in Michigan?
Sellers should pay closing costs in Michigan. However, this is not a law by any means. Sometimes the sellers will offer to pay half, or they may expect the buyers to do it.
What is the seller's responsibility if damage occurred to the house the night before the closing?
I believe that you are responsible as the seller for any damage to the property until the papers are signed in the closing . At that time it becomes the new owners responsibility. Check with your realtor and closing attorney. Generally speaking, the seller still owns it and it is therefore his problem.
What is a gold broker?
Generally speaking, a gold broker, or in fact any type of financial broker is the individual who matches buyers to sellers. A gold broker would find buyers and sellers of gold and therefore help create a deal among the two parties.
Can the down payment on a house come out of the home loan if you only have a small amount to put down yourself?
Yes, let's say you have a down payment of 8%. You would take out a mortgage for 80% of the value of the home. You would then take out either a second mortgage or home equity loan for 12% of the value of the home. You avoid paying PMI, but your second loan is usually a 15 year loan with a flexible interest rate of prime + 1.5 so your monthly payment will vary depending on where prime is. There are other ways, such as an FHA loan as well. Another possibility depending on the relationship between buyer and seller. You can do a "sellers held back 2nd mortgage". A sellers 2nd is basically just like any other 2nd mortgage but it is held by the person selling the property, it's a lien like any other mortgage against the home. The buyer and seller set up a payment plan for a 3 of years and interest rate and it is included in the sales contract. This benefits people with poor credit who can't obtain enough financing, say you need 90% but you only qualify for 80%. Then you can get that extra 10% through a sellers 2nd. The seller ofcourse must agree to it and the bank must also ofcourse allow sellers seconds. The other option is a "Gift Of Equity". A GOE can be done between family members, it's like a sellers second except you don't pay back the GOE. The example is basically, you need 90% you qualify for 70%. The seller gives you 20% of the equity of the home as a gift, so on a 100,000 dollar home it works like this. They are not lowering the sales price, the price stays at 100,000 but they give you 20,000 as a gift of equity. So while you only qualified for 70,000 from the bank that gift of equity has now given you the ability to purchase the home without laying out anything about your 10%. The catch is that this can only be done between blood relatives.
What is ASWP?
ASWP means "Any Safe World Port by seller. This is the code sellers use.
What happens if seller dies who gets the house?
In the UK the seller is the owner of the house together with any mortgage lender, the proportion of ownership depends on the amount outstanding on the mortgage. If the seller dies then the 'estate' will own the sellers proportion of the house. The estate will pass on to the next of kin or anyone nominated in the sellers will.
What is the difference between an eBay seller and an eBay store?
There are a few criteria, but generally speaking, any eBay seller can open an eBay store as long as they are willing to pay the monthly subscription fee.Another answerThe difference between an eBay seller and an eBay store is: A seller is a person who is selling their items for a profit. An eBay store is a feature that eBay offers it's sellers to make selling easier and more convenient so sellers can sell faster and more efficient.
Does he like you if he stays by you when all his friends leave to go to the consetion stand?
most likely or he doesn't want ant food i meant any food lol
Trust Receipt advantage to the buyer?
The advantage is no credit, purely consigned the goods. If the goods unsold, the entrustee or buyer can return the goods to entruster or seller without incurring any liability.
Are hot tubs in stores better than purchasing from individual?
Hot tubs are easily returnable wherever they are purchased, if purchased at a store. Therefore, purchase them at any licensed seller. If in doubt of finding a good seller, contact the manufacturer and ask them for a list of licensed sellers.
How can one finance a convertible through GM?
Any GM seller can approve an individual for a loan, and can also order any color, model or make of GM convertible a driver could want. Car sellers are always willing to accommodate.
What type of checks does a title insurance company perform?
In the state of California for example, the title company runs a check on the seller/sellers of a property in the county in which the property is and also on the property itself. This is done to find out who is on title to the property, any judgements, or liens that may be recorded against the property or the seller/sellers of the property, any and all open deeds of trusts, status of property taxes. The title company also reports any easements that effect the property, copies of the C.C.R's are also included as part of their reporting. This report is called a Preliminary Title Report.
Why did eBay eliminate negative feedback for sellers?
They took away the ability for a seller to leave negative feedback and replaced it with a case department for sellers that allows them to give buyers who don't pay a strike against them, and sellers are allowed to specify if they don't want buyers with any strikes to bid on there items. I believe if a buyers has 2 strikes they get suspended and the third strike there eBay account gets deactivated.
Where can I find a good data entry service?
Great question! Fiverr is a great place to find data entry services, but with so many sellers to choose from, it can be tough to know where to start. Here are a few tips to help you find a good data entry service on Fiverr: Look at the seller's ratings and reviews. This is one of the best ways to get a sense of the seller's quality of work and customer service. Pay attention to the reviews from other buyers, and look for any red flags, such as a lot of negative reviews or complaints about missed deadlines or poor quality work. Read the seller's gig descriptions carefully. Make sure that the seller offers the type of data entry services that you need. Be sure to also check the seller's turnaround time and pricing. Ask the seller questions. If you have any questions about the seller's services or experience, don't be afraid to ask. A good seller will be happy to answer your questions and provide you with more information about their services. Here are a few of the top-rated data entry sellers on Fiverr: dataentry890 prabhusharma awais47 selfmotive faisalmirza786 These sellers have a proven track record of providing high-quality data entry services to their clients. They are also all responsive and offer competitive prices. I would recommend reaching out to a few of these sellers to get quotes for your project. Be sure to provide them with as much information as possible about your project, including the type of data entry that you need, the volume of data, and your deadline. Once you have received quotes from a few sellers, you can compare their prices, turnaround times, and ratings to choose the best seller for your needs. Here are a few additional tips for working with data entry freelancers on Fiverr: Be clear about your expectations. When you place your order, be sure to provide the seller with clear and concise instructions about your project. This will help to avoid any misunderstandings or delays. Provide the seller with all of the necessary materials. Make sure to provide the seller with all of the data that they need to complete your project. This may include spreadsheets, PDFs, or other types of documents. Communicate with the seller regularly. Be sure to check in with the seller regularly to see how the project is progressing and to answer any questions that they may have. Leave feedback for the seller. Once the project is complete, be sure to leave feedback for the seller. This will help other buyers to learn about the seller's services and quality of work.
How do you become a travel agent in Florida?
In Florida, they have a sellers of travel law. The Sellers of Travel law requires any person or business who is a seller or promoter of travel related services to register annually with the department, unless they are exempt. They have to provide a performance bond, in an amount not to exceed $25,000, or $50,000 if they also sell vacation certificates.
If you bought something from eBay on Wednesday when would you receive it?
you need to contact the seller and ask them when the item will be shipped out. Ask for a tracking number or a date to expect the item. There is a "contact seller" button on the sellers page. go to your items won page on eBay and select the item and click on the sellers name, this will take you to the sellers pageUser:Sunnybalu19:58, 1 Jan 2009 (UTC)User:SunnybaluItems bought from eBay are bought from individuals (noteBay, the company), and they can be located anywhere in the world.Some sellers will dispatch your item the same day that you pay, others will not dispatch for up to 7 days (sometimes even longer).Add in the differing timeframes for global postal services to get the item to you and you can expect your item to arrive any time within a day and a month or two, after you pay.Always ask your seller - they will have the best possible idea of when you can expect your item to arrive
