Buying And Selling All At Once
The easiest way to transition from an old property to a new one is to buy the new one, move, and sell the old one. However, buying a home that way is not always possible if you need the profits from the sale for your down payment, or if you can’t qualify for a new mortgage as long as you’re paying the old one.
If you find a property (in St. Louis or anywhere in…
How to get out of a real estate contract
If you’re getting cold feet about a property purchase in Missouri, you may want to know how to get out of a real estate contract. There are a few ways:
Contingencies (your contract should give you several opportunities to cancel it, including inspections, your financing falling through, title issues, or you need to sell your current home)
You may…
Your home purchase will probably close just fine…
Chances are, your home purchase will sail through with few problems. Most do.
In fact, less than 4% of home purchase agreements nationwide fail at some point before closing, according to Trulia research.
Unless it doesn’t…
Still, you don’t want to be among those one in 25. So here are 10 danger points you need to navigate around:
1. You…