Profile picture for Jay Sutton

Jay Sutton

Agent

Realtor, CDPE, e-Pro (9 years experience)

5 Recent Sales (last 12 months)

Specialties:
Buyer's Agent,
Listing Agent,
Foreclosure,
Short-Sale

Advice

  • (3 Contributions,
  • 0 Best Answers,
  • 0 Helpful)

Contributions are sorted newest to oldest.

How much for due diligence?

Answer

There is no formula. A Sellers Agents will want as much they can get for their seller, and a buyers agent will want little to no amount. 1% is on the high end, however due diligence could be what wins your bid if you are in a multiple offer situation.

  (0)
When can we get a mortgage again?

Answer

3 years is the consistent answer. HOWEVER. In some rare cases you can be considered in one year. HUD, if im not mistaken just changed their requirement to 1 year. All is not loss.

  (0)