What Do Seller Concessions Pay For? Seller concessions allow you to pay less at closing to make buying a home more affordable. As a buyer, you’ll usually have to bring at least a few thousand dollars to the table for closing costs and your down payment. Can a seller contribute to down payment? FHA and
Can A Seller Refuse A Bid? Home sellers aren’t obligated to accept any offer on their home—no matter how much money it’s for. 1 There may be other offers on the table or, in some cases, they may want to hold out for more money. In those cases, a seller may reject an offer, even
Are Short Sales Sold As Is? When you buy a short sale, you are usually buying the property ‘as is. ‘ The bank is already losing money on the property, so they will not usually make concessions for these maintenance issues. Are short sale homes good to buy? If you’re a seller, a short sale
Who Bears The Risk Of Loss In The Sale Of Goods? Typically, the party who currently holds the title to the goods bears the risk of loss for those goods. So between a typical buyer and seller, the seller retains the risk of loss until the title is transferred successfully to the buyer, who then
How Do I Rescind A Foreclosure Sale? A lender can rescind a foreclosure sale if a borrower requests to reinstate the loan agreements and then makes payment to bring the loan balance current, provided this is done more than five days before the scheduled sale date. How do I postpone a foreclosure? You can postpone
Did Napoleon Sell The Louisiana Territory To The United States? By selling Louisiana to the U.S. in 1803, Napoleon obviated the need to defend it against the British, and he may have hoped that the need of the U.S. to defend the territory (against the British) might have brought America back to its alliance with
Is An Accepted Offer On A House Legally Binding? An Offer to Purchase Real Estate (the “Offer”) is a document that sets out the basic proposed terms and conditions between the Buyer and the Seller in a real estate transaction. Once the Offer is signed by the Buyer and the Seller, and the contained contingencies
Which Of The Following Would Not Be Considered A Sale Under The Uniform Securities Act? The exchange of securities in a merger is not considered a sale under the act. … It is a violation of the Uniform Securities Act to file a fraudulent or misleading application for registration as a securities industry professional (agent,
Why Is Sales Important In Business? Sales play a key role in the building of loyalty and trust between customer and business. … During sales interactions, encouraging the customer to recommend a friend or give positive feedback can have an impact on the growth of the business through increased brand awareness and sales. What is
Can You Buy A House Below Market Value? Make sure that it is a cash-flowing property. … Do your due diligence. … Make sure there is rental demand. … Seek out motivated sellers. … Advertise locally. … Don’t take “BMV” at face value. … Don’t buy in the Bronx. … Don’t buy properties that need