When Can The Earnest Money Deposit Be Refunded?

Posted by on Nov 15, 2011 in Operations, Origination, Processing, Uncategorized, Underwriting | 0 comments October 18th, 2011 by Alice Alvey, CMB Realtors and sellers constantly struggle with trying to identify if a pre-approval letter is worth the paper it is written on. The costs and delays associated with accepting an offer from an unqualified or marginal buyer can be significant. Even a good loan originator can have a problem when buyers change their financial condition during processing or...
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