Thank You So-O-O Much For Your Excellent Help!
"After being in my wonderful home over a year now, I can honestly say this is the greatest! Thank you so-o-o much for your excellent help and outstanding ability to fit the perfect house to the perfect person. I know we looked at over 2 dozen of them. I think other Realtors wouldn't have gone the extra mile as she did. Her insights on my house were all correct. Her uncanny ability to see what I needed through listening to my needs and desires is paramount. This has been a perfect house for Ellie and me! So close to everything! She was right - a real dream! And I'm living it, thanks to her. Hope you have many more satisfied clients ---- Thank You."
Kelly Rae Kirkpatrick
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Real Estate Contracts >Selling Before Buying
Timing can sometimes be difficult if you have to sell a home before you can buy another one. Most people need the equity from the sale of their first home for the down payment on the new house. If your present home goes on the market first, you may be concerned that it will sell before you find the one you want to buy. On the other hand, if you find the perfect home before your present home is under contract, the sellers may be reluctant to accept your offer, and you may be too nervous to sign a contract.
It is a good idea to sit down with a good real estate agent for some professional advice before you begin your search. It will probably be necessary to be flexible on the closing date, because it can be easier to find a home that you want to buy than to sell your present home. After finding the house you want, you can ask the lender about arranging a short-term bridge loan that can make the purchase possible before you sell your current residence.
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| Q |
Who is "Fannie Mae" and why is she a big name in real estate?
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| A |
"Fannie Mae" is the real estate industry nickname for FNMA, or Federal National Mortgage Association, the stockholder-owned corporation that purchases mortgages from mortgage lenders. |
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