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Ep 108: Mailbag – 20% Down Payments, Selling Privately, and More
Manage episode 343391090 series 3403102
Вміст надано Colleen Benson. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією Colleen Benson або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.
We are answering some of your questions on today’s show about buying and selling your home. In this market is a 20% down payment enough? Definitely! While it may be harder to win certain bids 20% is usually more than enough.
Mary wrote in that her loan approval was for $700,000 and with all the houses selling above asking value she is wondering if she should look at houses more in the $600,000 range to leave some wiggle room? It might be smart to look a little below your maximum budget, but it’s going to depend on your lender and a few other factors. Join us today as we explore these questions and more on rent-back situations and selling privately.
Key Points:
0:30 – Should we be leaving wiggle room on the houses we are looking at?
2:46 – Is a 20% down payment enough in this market?
4:03 – Can I rent back my home to a buyer and when do I negotiate this?
7:28 – Would we miss out on selling privately?
Learn more: https://www.bensonbrokergroup.com/blog
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