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Dan Tabit, Real Estate Pro in Issaquah, WA
Dan Tabit answered:
What is my earnest money check?
Asolis,
Sorry for the none responsive spam below.
Your earnest money check is like a security deposit that says you'll hold up your end of the contract or the seller can keep the m ... more
1 vote Share Flag Sun Jun 1, 2014 Home Buying in Shorewood
Ted Rood, Real Estate Pro in St Louis, MO
Ted Rood answered:
what is the current interest rate for a Conventional 15 year loan?
Best execution rates for 15 year loans (as reported by Mortgage News Daily, an awesome website for anyone wanting mortgage info) shows 3.52% as of Friday 3/21. Of course, all loans' pr ... more
0 votes Share Flag Sun Mar 23, 2014 Financing in Shorewood
Suzanne Hami…, Real Estate Pro in Orland Park, IL
Suzanne Hamilton answered:
Do residents still have to have 3times the rent a month to move in?
Not sure if you are referring to security deposit or income requirements, so here is an answer for both.


Income requirements - Many of my landlord clients want at least 2x net in ... more
0 votes Share Flag Mon Oct 7, 2013 Rentals in Shorewood
Andrea Gomez, Real Estate Pro in San Antonio, TX
Andrea Gomez answered:
I have a median credit score of 605. Are there mortgage loans out there for me?
Yes you can get approved with a 600! You probably don't need to get your scores up anymore. There are a few Lenders that can do a 600 mid score home loan. They just aren't always easy t ... more
0 votes Share Flag Fri Aug 16, 2013 Home Buying in Shorewood
Phil Rotondo, Real Estate Pro in Melbourne, FL
Phil Rotondo answered:
is this condo still for sale?
Karen;
Can you be more specific?
Address or MLS # would help.
Thanks.
0 votes Share Flag Sun Jul 1, 2012 Home Buying in Shorewood
Scott Godzyk, Real Estate Pro in Manchester, NH
Scott Godzyk answered:
How to earnest checks work?
The answers before hit it right on the head, the listing agent always holds the escrow deposit. It can be applied as down payment or closing costs at the closing, the closing company ca ... more
0 votes Share Flag Tue Aug 19, 2008 Home Buying in Shorewood
Greg Zaccagni,  in Illinois
Greg Zaccagni answered:
What does a rate with no yield mean?
Yield spread is like the markup between wholesale & retail when you shop. What they are saying is that there is no markup on the rate on the 6.875% rate so they are charging 1% (of the ... more
0 votes Share Flag Sat Aug 9, 2008 Financing in Shorewood
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