Tag Archives: closing credit

Mortgage giants offering very low income homebuyers a spring break

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Fannie Mae and Freddie Mac are offering a $2,500 credit that borrowers can put toward their down payment, closing costs, escrow or mortgage insurance premiums. Continue reading →

Rocket Mortgage courting buyers who work with partner agents

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The lender’s new “BUY+” program provides closing credit of up to $10,000 to homebuyers working with one of more than 20,000 Rocket Homes Partner Agents, it was announced Monday. Continue reading →

Inspection’s over! 7 tips for negotiating repairs, credits and reductions

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Welcome to one of the most confusing parts of the real estate transaction. There is no handbook for post-inspection negotiation, and no amount of training can tell you exactly what to do because, quite frankly, it depends on the specifics of the deal. … Continue reading →