Buyers are cancelling escrows lately, but is it a good idea? On this week’s episode we discuss the good reasons to cancel a real estate contract and the impact it will make. Check out the full episode and if you have questions about how to get started with Homeowner Prep, be sure to reach out to us or drop your question in the comments.
// SHOW NOTES
00:00 How Much You Need To Earn To Buy A Home
00:15 Intro
00:37 Welcome To The Homeowner Prep Podcast
00:48 Before We Dive In…
01:08 The Contingency Period
01:48 What Is An Earnest Money Deposit
02:31 Good Reason No. 1: Inspection Issues
04:00 Good Reason No. 2: Appraisal Gap
05:09 Good Reason No. 3: If You No Longer Qualify
07:02 What Happens When You Cancel Your Contract?
08:11 If You Cancel, Can You Still Buy Another Home?
09:16 Getting Started With Homeowner Prep
09:36 Connect With Us On Social Media
10:06 Outro
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// ABOUT HOMEOWNER PREP
Homeowner Prep helps aspiring first time homeowners through real-world advice and accountability. This podcast was created for those who dream of owning their first home - and are willing to do whatever it takes to make their dream a reality!
DISCLAIMER: The content we distribute is for educational purposes only. Seek professional financial, tax, and legal advice for your particular situation. Also, links included in this description might be affiliate links. If you purchase a product or service with the links that we provide, we may receive a small commission. There is no additional charge to you! Thank you for supporting our channel so we can continue to provide you with great content!
// LICENSE INFO
DRE: 01780767
NMLS: 2218002
#buyingahome #homebuyingadvice #homeownership
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