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What else can I help you with?
Where does the down payment go - to the seller or the bank?
The down payment goes to the seller when you buy a house.
How do you get your down payment back on foreclosed property?
Your down payment was used to purchase the property and was paid directly to the seller. You don't get it back.
What type of purchases require a down payment?
Several purchases require a down payment. Some examples are houses, cars and boats. The amount of the down payment is negotiated between the buyer and the seller of the purchase.
Does the down payment matter to the seller when negotiating a real estate transaction?
Yes, the down payment can matter to the seller when negotiating a real estate transaction as it demonstrates the buyer's financial commitment and ability to secure financing for the purchase. A higher down payment may make the seller more confident in the buyer's ability to close the deal, potentially leading to a more favorable negotiation outcome.
Why do sellers care about the down payment?
Sellers care about the down payment because it shows the buyer's commitment and ability to secure financing for the purchase. A higher down payment reduces the seller's risk of the deal falling through and indicates the buyer's financial stability.
Where does the down payment go - to the seller or the bank?
The down payment goes to the seller when you buy a house.
What is used by a seller of goods to receive payment or to extend credit?
Trade Acceptance
What is used by a seller of good to receive payment or to extend credit?
Trade Acceptance
How do you get your down payment back on foreclosed property?
Your down payment was used to purchase the property and was paid directly to the seller. You don't get it back.
If you put a down payment but did not pick up the car can you get out of the deal?
If a down payment is put down on a vehicle and it is never picked up, it is possible to get out of the deal. However, the down payment will probably stay with the seller. The seller has the right to sell the vehicle again if it is not picked up in the agreed upon amount of time.
What type of purchases require a down payment?
Several purchases require a down payment. Some examples are houses, cars and boats. The amount of the down payment is negotiated between the buyer and the seller of the purchase.
Does the down payment matter to the seller when negotiating a real estate transaction?
Yes, the down payment can matter to the seller when negotiating a real estate transaction as it demonstrates the buyer's financial commitment and ability to secure financing for the purchase. A higher down payment may make the seller more confident in the buyer's ability to close the deal, potentially leading to a more favorable negotiation outcome.
Can a private seller back out of a sale if he returns the down payment?
It depends on the terms of the contract.
Why do sellers care about the down payment?
Sellers care about the down payment because it shows the buyer's commitment and ability to secure financing for the purchase. A higher down payment reduces the seller's risk of the deal falling through and indicates the buyer's financial stability.
How do real estate agents in California receive their payment?
Real estate agents in California typically receive their payment in the form of a commission, which is a percentage of the final sale price of the property they helped buy or sell. This commission is usually paid by the seller of the property.
What is an irrevocable bank payment undertaking and what are its benefits to the seller?
And your revocable bank payment is a bank payment that cannot be rescinded. The advantage to the seller is once the payment is issued, it cannot be canceled.
Where can one receive a no down payment mortgage?
You can receive a no down payment mortgage a few ways. Depending on the area in which you are buying, it may qualify for government funding. Another way is if you qualify as a military veteran.
