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kcal09
ParticipantI’ve made offers with a preapproval letter from a lender and the amount was higher than the accepted cash offer and still they accepted the lower cash offer. Does anybody know why they would rather accept a lower cash offer than a mortgage if it has already been approved?
ParticipantI’ve made offers with a preapproval letter from a lender and the amount was higher than the accepted cash offer and still they accepted the lower cash offer. Does anybody know why they would rather accept a lower cash offer than a mortgage if it has already been approved?
ParticipantI asked my bank just recently the same question and the answer is that you can get a mortgage 6 months later, the interest may be a little higher than for a regular mortgage and the max. amount is 80% of the equity.
ParticipantI asked my bank just recently the same question and the answer is that you can get a mortgage 6 months later, the interest may be a little higher than for a regular mortgage and the max. amount is 80% of the equity.
ParticipantI asked my bank just recently the same question and the answer is that you can get a mortgage 6 months later, the interest may be a little higher than for a regular mortgage and the max. amount is 80% of the equity.
ParticipantI asked my bank just recently the same question and the answer is that you can get a mortgage 6 months later, the interest may be a little higher than for a regular mortgage and the max. amount is 80% of the equity.
ParticipantI asked my bank just recently the same question and the answer is that you can get a mortgage 6 months later, the interest may be a little higher than for a regular mortgage and the max. amount is 80% of the equity.
ParticipantI noticed that most accepted offers on short sales are “cash” offers. Does anybody know if funds from a HELOC are considered cash and are banks willing to give a mortgage later on if the owner wants to “refinance”?
ParticipantI noticed that most accepted offers on short sales are “cash” offers. Does anybody know if funds from a HELOC are considered cash and are banks willing to give a mortgage later on if the owner wants to “refinance”?
ParticipantI noticed that most accepted offers on short sales are “cash” offers. Does anybody know if funds from a HELOC are considered cash and are banks willing to give a mortgage later on if the owner wants to “refinance”?
ParticipantI noticed that most accepted offers on short sales are “cash” offers. Does anybody know if funds from a HELOC are considered cash and are banks willing to give a mortgage later on if the owner wants to “refinance”?
ParticipantI noticed that most accepted offers on short sales are “cash” offers. Does anybody know if funds from a HELOC are considered cash and are banks willing to give a mortgage later on if the owner wants to “refinance”?
ParticipantThank you for your advice.
I noticed that the short sales become “contingent” within a day or two. There seems to be a demand for these condos.ParticipantThank you for your advice.
I noticed that the short sales become “contingent” within a day or two. There seems to be a demand for these condos. -
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