1. Check your credit: Before applying for a loan, ensure your credit report is accurate, and get your current credit score. The closer to 700 and higher, the better the rate you'll get. A free
4 Contingencies That Protect You As A Homebuyer
Dated: December 9 2019
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Here are some important ones to consider:
Home inspection contingency - allows you to have the home inspected
Appraisal contingency - protects you from owing extra money should your lender's appraisal come in low
Financing contingency - allows you to back out if your mortgage loan doesn't come through
Sale contingency - says your purchase is only valid if you're able to sell your existing home first
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