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Menu
  • Home Loan Programs
    • Low Down Payment Programs
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    • Home Renovation Financing
    • Refinancing
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Posts Tagged ‘homeselling’

Backup offers are a good idea for both buyers and sellers of a home

By Mid-Island Mortgage Corp. | August 5, 2021
Back Up offers poster

“It ain’t over till it’s over.” — Yogi Berra, baseball philosopher In real estate, a house isn’t sold until the Fat Lady sings at the closing. Until then, the seller should keep their options open by accepting backup contracts. Likewise, a buyer whose bid for the property fell short should consider asking the seller to…

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    Legal ©2000-2022 Mid-Island Mortgage Corp.® 900 Merchants Concourse, Suite #112, Westbury, NY 11590. All Rights Reserved. This is not a commitment to lend. Loans to borrowers with poorer credit scores are priced higher and are differentiated due to the high level of credit qualifying overlays. Restrictions apply. Licensed Mortgage Banker-NYS Department of Financial Services; MA Licensed Mortgage Lender/Broker # MC1259; Licensed by the NH Banking Department; RI Licensed Lender/Broker; Licensed by the NJ Department of Banking and Insurance; FL Mortgage Lender/Servicer; ME Supervised Licensed Lender; Licensed by the PA Department of Banking and Securities; Licensed by the Delaware State Bank Commissioner to engage in business in this State, License # 9680; CT, MD & MN Licensed Mortgage Lender; SC BOFI Mortgage Lender/Servicer; Illinois Residential Mortgage Licensee; Licensed with the North Carolina Commissioner of Banks; DC Mortgage Dual Authority Licensee; Georgia Residential Mortgage Licensee, # 57717; Virginia State Corporation Commission # MC-4685.  By refinancing your existing loan, your total finance charges may be higher over the life of the loan.
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