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243 days, 18 hours, 59 minutes
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Thursday, June 11, 2009 12:33:24 AM
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Wednesday, June 10, 2009 1:03:20 AM
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www.vacation-rental-wonderland.com --
Is Your Buyer Qualified?Posted by adminMarch 2, 2009
Unless the buyer who makes an offer on your home has the resources to qualify for a mortgage, you may not really have a sale. If possible, try to determine a buyer’s financial status before signing the contract. Ask the following:
1.Has the buyer been prequalified or preapproved (even better) for a mortgage? Such buyers will be in a much better position to obtain a mortgage promptly.
2.Does the buyer have enough money to make a downpayment and cover cl...
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tags:
closing costs, credit, credit report, credit score, FICO, preapproved buyer, preapproved mortgage, prequalified buyer, principal Interest Taxes Insurance, realtor
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