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Key takeaways. It's possible to back out of an accepted home offer, but there could be consequences if you're not careful. Building the right contingency clauses into the contract upfront makes it ...
No matter how low of an offer you put in for a home, it almost never fails that at some point you get buyer's remorse wondering if you could have purchased it for even less. Some realtors might ...
Negotiating with a collection agency or junk debt buyer is somewhat similar to negotiating with a credit card company or other original creditor. However, many collection agencies (or junk debt buyers) will agree to take less of the owed amount than the original creditor, because the junk debt buyer has purchased the debt for a fraction of the ...
In the case of mortgage possession or repossession, if the home is sold or auctioned for a price that exceeds the loan balance, those funds are returned to the consumer. Mortgage possession involves legal proceedings in which a mortgagee or other lienholder , usually a lender, obtains a court order for possession of a property, prior to ...
A settlement offer or offer to settle is an offer to resolve an outstanding issue or account. This may involve a statutory offer to compromise in a civil lawsuit.In either case, it involves communication from one party to the other suggesting a settlement, or an agreement to fully and finally resolve the outstanding issue, account, or dispute.
Buying a home can be an exciting milestone, but it's not as simple as pointing your finger at a property and signing on the dotted line. There's usually some negotiating that takes place first. I'm...
Sanchez, 836 S.W.2d 151, where a repossession agent towed away a car even after the loanee locked herself in it, the court decided that this was an unlawful breach of the peace and declared the repossession invalid. The debtor was also awarded $1,200,000 in damages from the bank involved.
Key takeaways. It is possible to negotiate real estate commissions, but it ultimately depends on the individual agent's circumstances. Real estate commission rates used to typically total around 6 ...
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