May 9, 2022What is the clear to close date?WHAT IS THE CLEAR TO CLOSE DATE? This term is used by lenders and lawyers and refers to your lender’s unconditional promise to give you a […]
May 9, 2022What is the mortgage contingency?WHAT IS THE MORTGAGE CONTINGENCY? This is one of the most important portions of your contract. It is what allows you to cancel the contract in […]
May 9, 2022What if the home appraises for more than the purchase price?WHAT IF THE HOME APPRAISES FOR MORE THAN THE PURCHASE PRICE? Great! You do not need to pay more for the house, nor do you need […]
May 9, 2022What if the home appraises for less than the purchase price?WHAT IF THE HOME APPRAISES FOR LESS THAN THE PURCHASE PRICE? You may have the option of cancelling the contract or asking the seller to lower […]