Real estate blog entries tagged with agreement of sale by Jeff Belonger-The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans ( Social Media

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Home : Blogs : Jeff Belonger-The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans : Mortgage Knowledge at its BEST!!!! (Jeff Belonger) : Tag "agreement of sale"

agreement of sale: Is the commitment date just as important as the settlement date? - 08/12/07 11:36 AM

This has always been a problem and debated amongst the real estate industry and mortgage industry for eons. I know realtors that can be stuck on this debate and upset when lenders don't meet the commitment date. I know some lenders that just don't care at times, thinking that as long as they meet the settlement date, things will be fine.
So, who is right? Let's break this down some.
Commitment date : An agreement or pledge given by a certain date stating a guarantee for financing.
Settlement date : The date by which an executed order must be settled by the transference of … (34 comments)

agreement of sale: Purchase Contracts: How different are they from state to state....... - 10/30/06 08:24 PM

This is a grey area because each state can be very different in regards to the agreement of sale. Even though I can do mortgages in any state, I only focus on a few myself. This is where the realtor and lender need to be on the same page. This is where the client needs a good realtor that understands the ins and outs of a purchase contract. There is nothing worse then when I have to advise the client of what they can and can’t do, because the realtor didn’t advise them correctly. And don’t get me wrong, I just … (24 comments)

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Jeff Belonger-The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans

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I just want to educate people about mortgages and the process. In regards to lending, I am very creative, intuitive, honest, and one who communicates information, may it be good or bad. I am a loan officer that looks out for your best interest.

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