1.8 Flashcards

(5 cards)

0
Q

The ________ closer usually executes all the mortgage documents.

A

buyer’s

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1
Q

You should generally allow _______ days for the processing of the buyers’ mortgage loan, and to handle any title problems.

A

30-45

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2
Q

True or False:
Allowing 20 days in the Purchase Agreement for losing is an acceptable practice because you can simply reschedule if it does not work out.

A

False

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3
Q

The _________ deposits the earnest money.

A

listing broker

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4
Q

Only ______ can be paid real estate commissions.

A

brokers (the brokers pay the agents).

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