Answers by The Josh Rumble Team

Mortgages are tricky. They seem straight forward, but they are anything but that. A lender or Mortgage advisor is where you start. With one exemption There are many programs that have conditions. That will be one of the questions the loan officer will ask. What is the condition of the home. Not only do you have to qualify for the program the home has to as well. So having a good understanding of what condition the home is in is very important. This can accomplish two things. 1. eliminate wasted time and money. 2. expedite the process. The most challenging thing when purchasing a off market property is the unexpected cost associated with the close of the property. The disagreement on who is responsible for those cost. Only 3% of for sale by owner contracts close with the same terms originally negotiated between the buyer and seller. Having the right program to fit the property condition is a vital part of that. Hope that helps