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"My seller agreed, and the buyer completed a general inspection, chimney inspection, foundation inspection, sewer line inspection and HVAC inspection. " The buyer then submitted an offer with no inspection contingency. The seller accepted the financed the offer, even though it wasnt the highest offer or an all-cash offer.
"From my sbi personal loan interest rate as on 1st april 2016 point of view, this buyer had shown a significant commitment to the property and a strong desire to close," Kruger says. Address the sellers time concerns. Since time is typically one of the seller's main concerns, buyers with financing should make their contingency periods as short as possible and offer the seller a per diem so that if the sale closes late, they get compensated each day.
Each party agrees that if you can't close on a certain date, the seller will automatically extend the contract for, say, up to 15 more days, says William Golightly of Poole Realty in Live Oak, Fla.
"But it costs you as the buyer anywhere from 20 to quick loans same day australia per day until its closed.
This may be offered to you in addition to options like repaying your loan in full at a later date or repaying your debt in installments over time. The minimum term for an automatic renewal is 15 days and you will likely be required to pay renewal fees and additional interest charges. Were Committed To Service, Speed Security. Connect with a Helpful Lender. We commit to connecting you with an approved lender.
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