mortgage lenders: Some Sellers Choosing Prefferred Lenders, Reasonable or Risky?
- 05/01/13 09:50 AM
This is a unbelievable issue; the New York Times has recently report that some New York Real Estate sellers are requiring Real Estate buyers to be pre-approved by the sellers approved lender Source: “The Seller Chooses a Lender,” The New York Times (April 25, 2013). Now, this is not saying that the buyer is required to actually use that lender for their mortgages. But just be pre-approved by their there lender, to make sure that the person can obtain a mortgage, and if all else fails with the lender the buyer uses, they would have a fall back plan to make (1 comments)