Home Buying in 40258 : Real Estate Advice

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Tony Grech, Real Estate Pro in Southfield, MI
Tony Grech answered:
POC question: Who gets the appraisal fee back?
Generally your purchase contract will state in a firm dollar amount how much the seller is paying towards your closing costs and prepaid items. Example - $4000 or 3% of the purchase pri ... more
0 votes Share Flag Thu May 28, 2015 Home Buying in 40258
Joel Lobb, Real Estate Pro in Louisville, KY
Joel Lobb answered:
If everyting else is good for a home loan but the bank statements will they disapprove the loan?
Short answer yes. The bank statements will show the deposits each month into your account, along with outflows. Sometimes the underwriter will catch child support, other payments that m ... more
0 votes Share Flag Mon May 14, 2012 Home Buying in 40258
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