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3 HR CE | Can a Seller Refuse to Accept an FHA Loan Offer?

July 14 @ 10:00 am - 1:00 pm

Live Zoom only

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Can a Seller Refuse to Accept an FHA Loan Offer?

This is a competitive Seller’s market and it is important as a real estate practitioner that you know how to protect your client’s interest whether you represent the buyer or seller.

As a first-time homebuyer, many have heard that sellers don’t like FHA loans. You were probably left wondering why the seller would care about the type of mortgage you’re obtaining, as long as the deal closes and they get their money. Well, the truth is that sometimes sellers do care and I want to explain why and help you structure an offer that is winnable at the first level of review.

Let discuss:

• Is a seller obligated to give a buyer a finance contingency?

• Does a seller have the right to reject an offer from a buyer if they buyer is using a specific lender?

• Can a seller require a loan commitment letter in advance to showing a property?

• Can a seller reject a buyer’s offer when using an FHA loan?

• Do sellers like FHA or conventional loan offers? Let’s weigh the pros and cons.

• What fails and FHA, conventional, USDA, VA home inspection?

• Can a seller require the buyer to use their preferred lender?

• How can you structure your offer to be more appealing? Submit an “Financial Statement Offer Form”

• The proper way to review and respond to multiple offers

 

Details

Date:
July 14
Time:
10:00 am - 1:00 pm
https://www.eventbrite.com/e/354627629787

Venue

Online Only
GA United States

Organizer

Cathy McDaniel
Phone:
404-550-0775 (Text)
Email:
classeswithcathy@gmail.com
View Organizer Website