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In Q2, Freddie Mac seller repurchases rose to $430 milliona 29.1% By contrast, Fannie Mae sellers repurchased $268.5 ” Stack your deck Lenders have the tools at their disposal to minimize repurchase risk, but success requires proactive risk management strategies. increase from Q1. Our requests are up 100% month over month.”
CLOSING COST CREDITS also known as SELLERS CONCESSIONS will become even more common! Buyers , sellers , and sometimes even real estate agents get confused with how Closing Cost Credits or Sellers Concessions really work. Lately with all the real estate settlement talk they have often been referred to as Sellers Concessions.
The sheer fact that a house is up for sale isn’t a definitive sign of clear title; there could be a prior defect that hasn’t emerged or a new one the current owner/seller is unaware even exists. If a tax lien, or other claim against their property emerges, the policy covers any legalfees incurred defending against that claim.
Some sponsors or sellers inflate projected rents to make the deal look more attractive. Negotiation Support : Brokers can help structure offers and facilitate discussions about seller financing or due diligence timelines. Be on the lookout for these red flags in any proforma. This helps investors spot specialized local economies (e.g.,
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