A realty reality guide to successful real estate transactions for buyers and sellers. Written and spoken by a Georgia Realtor in Atlanta. What you want and need to know with some sarcasm, wit, and humor thrown in for good measure. Plus a dollop of homespun philosophy. Knowledge, strategy, and guidance for winning real estate results. Give it a try. You can reach me at djstavropoulos@kw.com.
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A realty reality guide to successful real estate transactions for buyers and sellers. Written and spoken by a Georgia Realtor in Atlanta. What you want and need to know with some sarcasm, wit, and humor thrown in for good measure. Plus a dollop of homespun philosophy. Knowledge, strategy, and guidance for winning real estate results. Give it a try. You can reach me at djstavropoulos@kw.com.
This episode covers the financing contingency, which is what you ask for in your offer if you need to get a loan to buy the property. It basically means that if you cannot get a loan, you can terminate and get your earnest money back. As long as you follow the details of the contract. Financing contingencies are very common since most buyers need to get a mortgage to buy a property. However, there are steps you can take to fully prepare yourself for the loan process, reduce the contingency period, and make the seller feel confident that your loan will be approved. All of which increase the chances that your offer will be accepted. The best thing you can probably do is get fully approved by a lender before you even make an offer. Thanks for listening.
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State of Real(i)ty
A realty reality guide to successful real estate transactions for buyers and sellers. Written and spoken by a Georgia Realtor in Atlanta. What you want and need to know with some sarcasm, wit, and humor thrown in for good measure. Plus a dollop of homespun philosophy. Knowledge, strategy, and guidance for winning real estate results. Give it a try. You can reach me at djstavropoulos@kw.com.
