Sentences with phrase «close of escrow»

I'm paying all cash for a house (to make my offer more attractive to seller than other bidding buyers), so I'll have 100 % equity at close of escrow.

We have clients who are paying cash for their properties, but then coming back to us get «cash out» after close of escrow.

All offers on properties require a $ 2500 non-refundable earnest deposit and 10 day close of escrow.

The Purchase Closing Guarantee does not apply if the failure to close within the anticipated close of escrow date is due to events or circumstances beyond RPM's control.

During my first two years in the business, I worked directly under a high producing loan officer taking over 150 files from contract to a successful close of escrow.

Our agents will then be responsible for presenting any offers and following up on all accepted offers until close of escrow.

The Purchase Closing Guarantee does not apply if the failure to close within the anticipated close of escrow date is due to events or circumstances beyond RPM's control.

Follow - up the escrow process, coordinated contingency removal of property inspection, ensured the timely closing of escrow.

The main purpose of the title contingency is to confirm that the buyer will get «clear title» to the property upon close of escrow.

The results: in escrow in 4 days, close of escrow in 11 days from offer, and a price much higher than his competitors wanted to list the house for.

Maintain constant communication with agents, loan brokers, lenders and escrow holders to ensure that all files close on or before the contractual close of escrow date.

In other words, they work as clerks and manage opening, maintaining and closing of escrow accounts.

They were also using a home renovation loan that required a very long close of escrow at between 45 - 60 days.

Per the listing agent, the winning offer was all cash and also offered a very quick close of escrow.

Will the property be free of all liens at close of escrow?

The following outline assumes a 21 - day close of escrow.

One mortgage broker told me that, if I do this within 60 days of close of escrow, my «cash - out - refi» qualifies as a «deferred purchase», which earns me a lower interest rate (same as a new purchase mortgage?)

Buyer may reserve credit before close of escrow for a property that has never been occupied by submitting a certification signed by buyer and seller stating they have entered into an enforceable contract between May 1, 2010 and December 31, 2010, inclusive.

Receiving a call from a client after your inspection and close of escrow sure as hell beats getting one from their attorney.

Locking in your rate or points at the time of application or during the processing of your loan will keep the rate and / or points from changing until settlement or closing of the escrow process.

If the seller has not performed in accordance with the terms of the contract — i.e. close of escrow — you are free to cancel the contract and recover your full earnest deposit in nearly every case.

We shortened contingency periods and close of escrow too.

Inspections are necessary to ensure that there are no health and safety issues and that a home will not be in need of major repairs after close of escrow.

We tied it up with a note that would be paid from the sales side of the commission (we are agents as well as contractors) We then had an architect that was just starting up and needing to make a name for himself draw change the exterior elevation and complete plans, agreeing to be paid at close of escrow.

* Under RPM's Purchase Closing Guarantee, RPM will waive its Lender Fee if a purchase transaction does not close on or before the anticipated date of close of escrow, as agreed to by RPM.

If on the other hand you can not afford the repairs first, be up front with people, and then price accordingly, with the caveat,» Price includes discount of $ xxxx for structural repairs to be made before close of escrow.»

With full price offer, Seller will give Buyer $ 10,000.00, at successful close of escrow, towards kitchen updating.

To ensure a timely close of escrow, it's in both parties» best interest to leave time to negotiate the correction of any serious inspection - related issues.

We submitted a very clean offer non-contingent, 25 day close of escrow, and came in 60K above the last comps in the area.

You have probably heard home buyers, sellers and real estate professionals talk about being in escrow, close of escrow, or even «falling out of escrow.»

It is also commonly referred to as «settlement» or «close of escrow.»

The complete loan package must be received by RPM's Mortgage Banking Operations Center at least 25 days prior to the close of escrow.

With a conventional loan, approval can take months and the lender may pull out funding any time before the close of escrow.

By concealing the true purchase price from the banks, Alizadeh received substantial amounts of cash, sometimes millions of dollars, at the close of escrow and avoided making the full down payment or, in some instances, any down payment.

You can request the rate lock period based on your close of escrow date.

Call the title company or attorney who settled your closing of escrow.

In many areas, a few days or weeks before the settlement or closing of the escrow, the title insurance company will issue a Commitment to Insure or preliminary report or binder containing a summary of any defects in title which have been identified by the title search, as well as any exceptions from the title insurance policys coverage.

Our team will help you from the approval process to closing of escrow.

Another factor is income; if the borrower loses his job anytime between pre-approval and close of escrow, that could also cause the entire transaction to fall through.

Another important thing to note is that you can buy an MPI policy when you first buy your home, or you can buy it within a limited specified timeframe immediately following the close of escrow.

At the close of escrow, the proceeds go to the EAT, which uses them to repay the Note to the exchanger for the funds loaned originally to purchase the replacement property.

When, within the 180 day period, the relinquished property is sold, but prior to the close of escrow, the exchanger and EAT swap the replacement for the relinquished property.

* Borrower must meet eligibility requirements to receive payment, and must request payment within 30 days after close of escrow.

The requirement for a VA loan is that the home must pass VA inspection prior to the close of escrow.

In California, for example, the phrase «close of escrow» means that a real estate transaction has been completed and the home sale has been made final.

At the close of escrow, if the short sale is approved, the proceeds are wired to us.