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Who can offer a non-owner occupied Property for a buyer with a 630 FICO 15K down and the purchase price of 70K?
Wiki User
∙ 7y ago
You need to do your own research for your particular area. You should call or visit several local banks and speak with a mortgage specialist.
Wiki User
∙ 7y ago
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Is a purchase order a buyer or a seller?
A purchase order is issued from a buyer to a seller.
What does the abbreviation awc- c stand for?
AWC-C is a term used to denote a contingency on a real estate listing on the mls. It is only used when the purchase of the property listed is contingent upon the sale of the buyer's property.
Is the buyer responsible for any liens when purchasing a mortgage foreclosure?
Yes. There may be liens.That is the reason any buyer must have the title to the property examined by a professional so that any and all liens and other interests will be exposed. Many buyers at foreclosure sales lose their deposit when they discover later that there are liens on the property that make the purchase a very bad investment.Yes. There may be liens.That is the reason any buyer must have the title to the property examined by a professional so that any and all liens and other interests will be exposed. Many buyers at foreclosure sales lose their deposit when they discover later that there are liens on the property that make the purchase a very bad investment.Yes. There may be liens.That is the reason any buyer must have the title to the property examined by a professional so that any and all liens and other interests will be exposed. Many buyers at foreclosure sales lose their deposit when they discover later that there are liens on the property that make the purchase a very bad investment.Yes. There may be liens.That is the reason any buyer must have the title to the property examined by a professional so that any and all liens and other interests will be exposed. Many buyers at foreclosure sales lose their deposit when they discover later that there are liens on the property that make the purchase a very bad investment.
Where might one go to obtain a loan for the purchase of a home?
A person is able to obtain a loan for the purchase of a home from a number of sources. The number one place to go would be a realtor, who would act as the intermediary between the buyer and seller of a property.
What is the difference between purchase agreement and closing on a house?
A purchase agreement is, well, an agreement to purchase a property. It sets the price the buyer will pay to the seller. "Closing" on a house is signing all the paperwork (and there is a lot of it!). This includes not only the purchase price, but all the fees associated with a property transfer -- title searches, taxes and the like, the details of the mortgage (the agreement between the purchaser and the lending institution), the commission to be paid to the real estate agent, etc. All that stuff in addition to the actual purchase price is "closing costs" and there is usually a separate agreement specifying which of these costs will be paid by the buyer and which by the seller. You can get writer's cramp signing all the papers at a closing!
How can a family member buy the house after the single home owner dies?
The decedent's estate must be probated and the buyer can arrange to purchase the property from the estate administrator.The decedent's estate must be probated and the buyer can arrange to purchase the property from the estate administrator.The decedent's estate must be probated and the buyer can arrange to purchase the property from the estate administrator.The decedent's estate must be probated and the buyer can arrange to purchase the property from the estate administrator.
Can seller void contract if buyer makes unauthorized improvements to property?
No, that would not generally be grounds for terminating a purchase and sale agreement unless the prohibition were specifically stated. If the buyer is trespassing, that would be a different issue than the obligation to purchase and sell the property.
What is agent buyer?
Looking for the best buyers agent for Perth investment property? We help you purchase your home and investment property in Perth, now buy property at the lowest price in Perth.
Is a purchase order a buyer or a seller?
A purchase order is issued from a buyer to a seller.
Can a HOA put a lien on a house for non payment of dues when HOA papers weren't signed?
A lien clouds title to a property, which means that the property owner may not successfully transfer title to another owner until the lien is satisfied. As buyer, you are entitled to a 'clean title' to the property. The association may not file a lien against a new buyer upon purchase, since the new buyer is not obligated to pay assessments until the date of purchase and beyond.
What is another name for renter?
The legal synonym of "Rent to Own" is "Lease with Option to Purchase". It is a contract or agreement between a property owner and a lessor/buyer to lease a property for a certain period of time, after which the lessor/buyer has the option to purchase the property.
If a buyer puts a deposit toward a purchase of a house how long does he have to get the mortgage before he loses the deposit?
It all goes by the contract. How long does it state the buyer has to close on the property or secure a new loan.
What is buyer mean?
A buyer is someone who is willing to purchase and has the potential to purchase a good or service. A buyer is a person who buys goods and products from another person.
If a buyer buys a property for 35000 with the stipulation that they will assume all the liens and the liens total 15000 What should be the net to the buyer?
$50K. My opinion is not based on any established legal doctrine, just common sense. If the buyer borrowed $35K to purchase the property, and assumed $15K in liability as part of the transaction, the buyer is now in debt for $50K. Moreover, it looks like the property is worth $35K, plus an additional $15K in improvements secured by liens, for a total of $50K.
Who holds the tax benefits legal title or equitable title on a real estate contract?
A contract to purchase real estate gives the buyer no rights in the property except the right to purchase it. Title remains in the property owner until transferred by a deed of conveyance.
Can a buyer of real estate property place a lien for repairs to property prior to the closing date?
No. The buyer has no authority to place a lien on the property and no cause of action for which to sue.
Compare between an actual buyer & a potential buyer?
A potential buyer is someone who MIGHT buy something. It is not yet determined that he/she will purchase. On the other hand, an actual buyer is someone who WILL buy something. There is an assurance that he/she will purchase.
