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Why Your Real Estate Agent Might Suggest a Cash Buyer Over a Traditional Listing
In the world of real estate, there is a persistent myth that real estate agents and cash buyers are natural enemies. Many homeowners believe that an agent’s only gear is to push for a traditional MLS listing to maximize the sale price and, by extension, their commission. However, as a seasoned professional who has navigated… Read more
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My house is in foreclosure, do I still owe the bank?
When a homeowner fails to make their mortgage payments, the lender may initiate a foreclosure action. The exact process and timeline can vary depending on the state, but generally, the lender must provide the borrower with a notice of default and an opportunity to cure the default before the foreclosure can proceed. If the borrower… Read more
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How much do I need for a down payment?
The amount required for a down payment on a home depends on the type of mortgage and the price of the property. There are numerous mortgage programs that allow you to make a smaller down payment than the conventional 20%. For example, with an FHA loan, you can put as little as 3.5% down. However,… Read more