Earnest Money is all about being ready for earnest money when you make an offer to buy. It is the third step in the Pre-Showings process.
Check out the Earnest Money process and a comprehensive video below.
The following are our checklists for a variety of challenging tenant scenarios that might come up as a real estate investor.
Recently, I had a client discover almost a year after closing (while doing his taxes) that there was a small error on his Closing Disclosure form. This isn't a form that we typically see since it is a disclosure right from the Lender to the Buyer regarding their loan. So, having never seen their Closing Disclosure, it is not an error I would normally be able to catch for clients.
This client, who is a super smart engineer, made his own small checklist of things to check on the Closing Disclosure. He shared it with me and, with his permission, I am able to share it with you as well.
So, here is a special, simple checklist of things to check on your Closing Disclosure when buying properties as a Nomad.