Your real estate settlement date is the final step before you transition into your new home. Here's what to expect.
October 2021
Table of Contents Understanding Seller Credits Seller Credits are funds that the seller contributes to the buyers side of the transaction at settlement. These funds can be used to cover closing costs, pay for repairs and assist you in other areas based on lender approval. This discussion is going to cover: An overview of seller credits Seller credit scenarios Seller credit...
Table of Contents Earnest Money Deposit (EMD) An earnest money deposit (EMD) is a crucial piece of the homebuying process that will help you reach your real estate goals when used effectively. If you’re looking to make an offer on a home and want to help assure the seller that you’re serious about putting in an offer, understanding what EMD is in real estate is necessary. This...