Financing
What is typical down payment for FHA
3.5
What is the DOM for Lancaster county
61
In SC can closing attorney that closes for buyer and seller represent buyer if seller defaults.
No
What is most common reason a contract falls through
Financing
What metric indicated online attention
Views or impressions
What is the general score needed for conventional financing
620
What’s average shows to contract in Lancaster county
11
In NC what happens to earnest money if home doesn’t appraise
The DD money doesn’t come back because it’s already with seller but earnest money doesn’t only if during due dilligence
What is most common issue on title search
Liens
What is one factor that impacts how a listing performs beside price
Photos
Condition
Presentation
Video
Engagement
What is loan limit for conventional loans. Over this amount is a jumbo loan
$700,000
How many foreclosures are listing in Lancaster county right now
2
What shoes material defect mean
Something wrong with home that affect value
What are two ways a seller can kill the deal
Not wanting to repair items
Being unreasonable
Not disclosing
What is the biggest mistake when listing that can’t be undone
The price
Name 5 items that will prevent a home from VA
Rot , power towers in fall zone, windows won’t open, no range, no railings
For new construction listings are we down or up from last year in Lancaster county
Down,
What does specific performance mean in real estate
A legal action to force a party to fulfill a contract
If both parties agree to a repair but do not sign is it enforceable?
No
What does instagram prioritize right now
Reels
What metric tells you how competitive a market is
Months of inventory
What percentage are new listings up from last year in lancaster county
9.4%. If answer 9 or 10 it is correct
What makes an amendment valid
Signature by all parties
If buyer finds an unacceptable rule on HOA, what happens if they terminate after DD
Loose earnest money
What is biggest mistake in posting on social media
Posting without strategy and No call to action