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Scaggsville : Real Estate Advice

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Fri Jun 4, 2010
Yes. You will need your documentation just in case you are asked. If you read the statements carefully, it says you INTEND on moving in and residing in the house for the next 12 months... well, you intended. Life happens. People know this....

Just document all items to support your timeline just in case you are asked.

Good luck and enjoy graduate school.
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Wed Apr 28, 2010
Jeanne Feenick answered:
Hi there, no rule of thumb. You may succeed in buying the home at the low end of the market value range, or perhaps below, or beat out another bidder who has a mortgage contingency. Expecct to be asked for proof of funds.

Your opening offer will test their receptiveness and a good pricing analysis will guide your way. Work with a good agent and best of luck to you!

Jeanne Feenick
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