Can a broker offer thousands of dollars cash back on a condo sale????
April 18, 2010 by
Filed under condos for sale
I am trying to buy a condo from a Real Estate company and they are offering me $50 thousand cash back. Is this legal?
The condo is going for $700,000 and they will give me $50,000 back at the close of escrow
I understand that it is my $50,000 that they are giving me, but this [...]
Should I get title insurance for a condo I’m paying cash for?
March 13, 2010 by
Filed under condo insurance
The only reason everyone gets title insurance is because 99.9% of home buyers need to take out a mortgage and mortgage companies make you pay for title insurance or they won’t give you the money. In my case, I’m paying cash for a 190k condo. Do I really need title insurance? The [...]