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Posts Tagged ‘ Closing ’

Can closing costs be negotiated with REOs (real estate owned properties)?

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A relevant strategy to today’s market… Video Rating: 5 / 5 Question by Jennifer T: Can closing costs be negotiated with REOs (real estate owned properties)? Best answer: Answer by Michael BOne thing you will find on this planet that everything is negotiable always what is the worst they could say No well at...
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Posted in REOs and Foreclosures | 2 Comments »

Successful Short Sale Closing: Seasoning Issues ? No Problem!

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Successful Short Sale Closing: Seasoning Issues ? No Problem! One way around seasoning issues is to assign your interest in the purchase agreement to the buyer for a fee, keeping the seller as the current owner.  The drawback to this option is that the buyer must be able to pay the assignment fee without...
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Do funds have to be “seasoned” for Closing costs?

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Question by Rachael H: Do funds have to be “seasoned” for Closing costs? I have a FHA loan.. found a house at a great price.. but I have to cover closing costs. I was just wondering.. do they have to be “seasoned”,or earned money… or does the bank even care? Thanks. Greeter: LOL. Get...
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Posted in Short Sales | No Comments »

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