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March 13, 2008
REAL ESTATE FINANCING 101: UNDERSTANDING HOW TO WORK WITH LENDERS. BETTER KNOWN AS THE GOLDEN RULE, “HE WHO HAS THE GOLD MAKES THE RULES”
Availability of money is what drives the real estate market. When the lenders loosen their requirements the market is hot. When lenders tighten up, the market cools off.
Dealing with Lenders is the [...]
OR DON’T!
Attendance is not required?
Although both the buyer and the seller usually attend the closing at the same time, their parts of the closing do not have to coincide. Many buyers will go to closing and perform all of their duties before the seller even arrives. The same may be true for the seller.
While you [...]
Double Closings. Double closings are when a person or business buys and sells the same piece of property on the same day. For example, Streetvestor closes on the purchase of 123 Main Street at 10:00 in the morning and then closes on the sale at 2:00 that afternoon. Double closings are not illegal although you [...]
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