Sentences with phrase «seller about their requirements»

I think the buyers should be encouraged to contact the seller about their requirements.

Not exact matches

Its obvious sellers aren't crazy about these requirements, but this helps the SBA mitigate their risk when multiple types of financing are needed to acquire a business.

If the seller has confidence in your ability to run the business and knows it has healthy cashflows, then they should be less concerned about the requirements debt - financing from a bank puts them in.

Here is what Phil Moore, Real Estate Board of Greater Vancouver president, says about market conditions: «High prices, new tax announcements, rising interest rates, and stricter mortgage requirements are among the factors affecting home buyer and seller activity today.»

Round about the early nineties, I had a seller who remembered those requirements back in the 80's, and insisted I put on his listing that any MLS buyer was actually pre-qualified and to prove it by bringing a bank or mortgage broker commitment letter as an offer Schedule.

The Council is developing a Disclosure to Seller of Expected Remuneration Form, along with materials to inform licensees about how to comply with these new requirements.

Regarding your question about whether the seller has to disclose substantial defects, there is no legal requirement for the seller to disclose unless asked.

2d 651) holding that no cause of action exists under the Property Condition Disclosure Act; court finds buyer entitled to $ 500.00 credit under RPL § 465 (1) where seller delivered an incomplete Property Condition Disclosure Statement; seller failed to perform the duty to deliver a Disclosure Statement pursuant to the PCDA when the statement was incomplete; cause of action exists under RPL § 462 (2) for willful failure to perform the requirements of the PCDA where (i) a deliberate misstatement or misstatements in a fully completed and timely delivered PCDS regarding the defective condition complained of (ii) that would tend to assure a reasonably prudent buyer that no such condition existed, and (iii) which a professional inspector might not discover upon an inspection of the premises that would meet generally accepted standards in the trade; definition of «willful failure to perform» acknowledges legislative intent not to alter the respective burdens of the buyer and seller in the transactions; statutory cause of action replaces buyer's burden of having to plead and prove the seller's active physical concealment of the condition with proof that the misstatement about the condition on the PCDS was deliberate

We recently talked about the options homeowners (or prospective home sellers) have, or could create if they plan to house an individual with long - term medical care requirements.

When an all - cash offer is in play, sellers don't have to worry about mortgages, lenders, approvals, delays in escrow, or stringent appraisal requirements.