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Mortgage Minute - Don't Consolidate to a New Account
Episode 106

Mortgage Minute - Don't Consolidate to a New Account

Financial Residency · Doug Crouse

May 28, 20243m 40s

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Show Notes

This episode is brought to you by Equity Multiple. Dedicated to assisting physicians in simplifying their investment journey, Equity Multiple enables passive investment in vetted, professionally managed commercial real estate. Learn more at www.equitymultiple.com.

This week, Doug clarifies the often misunderstood concept of loan contingency in real estate offers. Learn the difference between a loan commitment and a clear to close, and why understanding this distinction is crucial when writing offers.

Doug explains what it means to meet your loan contingency and what realtors should expect during the process. Tune in to gain valuable insights into navigating loan approvals and ensuring a smooth path to closing.

If you have questions, Doug is available at DougCrouse.com