This may be a dumb question, but this was asked on one of my BPO's. The most obvious meaning to me...."is there a type of financing that is most prevalent?" I can't help wondering if it has some more deeper meaning that I am missing. Any comments???
I've tried to research this term and my interpretation is type of predominate financing in the subject's pricee range and amount, or alternately adverse financing conditions. I would appreciate it if someone here could provide a better explanation.
Dennis Teasdale RealtorŪ, GRI Broker
It does give a choice for the type of financig, Conventional, FHA, VA, or Other. Then it wants a $ amount. That's the one I'm just not sure of what to put. Guess I need to call some local loan officers and see what I can find out maybe.
I appreciate both of you guys responding. It helps to get the wheels turning and maybe figure it out.
The answer is always no to that question. This is asked on Countrywide Bpo's and what they are really asking is if you know what all the costs inccured will be including but not limited to seller concessions,prorated taxes, title company costs to the seller, etc.. That question cannot be answered until there is an offer and even then the numbers can change on the day of closing.
This Google Custom search may do a better job of searching the forums for some keywords than the old forum search does. The results do not include threads from the Asset Managers Forum however. To search that forum you will need to be actually in the Asset Managers Forum and you will need to use the old forum search below.