Cash at Closing - How to word in Contract? - Posted by Mary CO

Posted by Clint on March 22, 2006 at 11:23:50:

Cash will be held in escrow for repairs, see your attorney for this closing, you DO have one, don’t you?

Cash at Closing - How to word in Contract? - Posted by Mary CO

Posted by Mary CO on March 21, 2006 at 22:53:34:

I am purchasing property in need of repairs. The idea is to get extra $10,000 financed and get it at closint to make repairs.
How do I word it in the contract?

Ask your loan officer - Posted by Natalie-VA

Posted by Natalie-VA on March 22, 2006 at 21:04:45:

Mary,

The lender’s underwriter makes the decision on this sort of thing, so ask your loan officer how to write it up.

–Natalie