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Frequently Asked Questions:

Q. Does The Singletary Group Finance Homes?
A. NO

Q. Does The Singletary Group Rent Homes?
A. NO

Q. Do I have to pay anything to The Singletary Group?
A. NO. Not unless you are selling a home through our company.

Q. Should I get a Home Inspection?
A. YES

Q. How much will my Closing Costs be?
A. Typically, 3-5% of the purchase price. This depends on so many
factors, you should consult a REALTOR in person for more information.

Q. Will the Bank pay for repairs on a Foreclosure Home?
A. Typically, NO. Most Foreclosure Homes are sold AS-IS WHERE-IS.

Q. Can I/We get a good deal on a Foreclosed Home?
A. Yes. Is the Bank going to give it away? NO. The Bank wants to get as
much as possible, as quickly as possible.

Q. Can I/We Finance a Foreclosed Home?
A. Absolutely! Are all Foreclosures financable? No. Financing depends
on your Lender Requirements regarding property condition and Type,
your Income and Credit situations and the value versus purchase price.

Q. Can you tell me what to offer?
A. Yes. If we have a signed Buyer's Agency Agreement or a Dual Agency
Agreement, whichever applies, on file first.

Q. Can you tell me what the last offer was?
A. NO. Not unless you own the property.

Q. How much do I need to put Down?
A. It depends on your Lender Requirements. All offers will require an
Earnest Money Deposit at the time the offer is made. Please do not
get these confused.

Q. What is an Earnest Money Deposit?
A. A small payment made at the time of the offer to show the Seller
that you are serious about the offer that you made. If the offer is
accepted, that money goes towards the purchase price of the home or land.
Please consult a REALTOR for more details.

 
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