What Is the Difference Between Pre-Approval and Final Loan Approval in San Diego?
Pre-Approval Is the Starting Line, Not the Finish Line Many San Diego buyers make the mistake of thinking their pre-approval guarantees their financing. Pre-approval is a conditional commitment — based on the information and documentation provided at application. Final loan approval comes only after
What Is a Rent-Back Agreement and Should San Diego Buyers Offer One?
What Is a Seller Rent-Back Agreement? A seller rent-back — also called a seller leaseback — is an arrangement where the buyer takes ownership of the property at close of escrow but allows the seller to remain in the home as a temporary tenant for a defined period after closing. The seller pays rent
What Is a Backup Offer and Should I Submit One in San Diego?
What Is a Backup Offer? A backup offer is a purchase offer submitted on a property that is already in escrow with another buyer — in backup position. If the primary transaction falls through for any reason — inspection dispute, financing failure, or buyer cancellation — the backup offer automaticall
Categories
- All Blogs (208)
- 55+ Community (1)
- Aging (1)
- Boosting Your Home's Value (3)
- Buying (116)
- downsizing (1)
- Family & Caregiving (1)
- Financial Planning (1)
- MCAS (1)
- Military Families (1)
- Miramar (1)
- Poway (1)
- Rancho Peñasquitos (1)
- San Diego Real Estate (1)
- Selling (77)
- Selling Your Home (1)
- single story home (1)
Recent Posts
