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Andrea Alummootil

Answers by Andrea Alummootil

2 answers · 10 pts

Can seller back out after they accept?

Asked by Charlene Nicks | Fort Lee, NJ | 12-01-2022

Andrea Alummootil
Andrea Alummootil01-31-2023 (3 years ago)

Charlene, The seller has the right to change his mind anytime during the transaction. If it is not out of attorney review, he is not liable for any damages or costs incurred by the buyer. This seems like the seller is not sure what they want.

How much do I qualify for on a home loan?

Asked by Ricardo | West Orange, NJ | 11-25-2021

Andrea Alummootil
Andrea Alummootil01-31-2023 (3 years ago)

Ricardo, Loan qualifications not only depend on your income, but also on your credit score and monthly expense ratio.