Your home buyer can back out from purchasing your property by utilizing their loan contingency.
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What that means is that if the buyer cannot get a loan, they can back out and still get their deposit back.
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However, this has to be done during the loan contingency period. Loan contingencies are usually 21 days long and start when you have an executed purchase contract.
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If the buyer releases their loan contingency on day 21, they can no longer back out of the deal because of their loan contingency.
Pre-approval letter: Banks vs. Broker
Mortgage brokers may be able to provide you with more home loan options over a traditional bank.
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I suggest you get approved with a traditional bank and a mortgage broker at the same time.
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Compare the interest rates and fees both lenders are charging you... then choose to work with one or the other.
Disclose, Disclose, Disclose!
Disclose, Disclose, Disclose!
This is how you avoid a lawsuit 5 years from now.
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Instagram marketing tips
I love learning from other business owners their top marketing techniques. I utilize their strategies and apply it to help me sell real estate faster and for top dollar. This is 1 of 4 great marketing tips @theperkynerd shares with us.