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Join Date: Sep 2003
Location: in my mind.
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Quote:
Originally posted by RANDY P
Here's a bit of Black Magic from the Pelican masquerading as a Mortgage Guy in Seattle --

Next time, have whomever writes your financing preapproval letter declare that you're gonna put 30% cash down.

Works like a charm


rjp
ok, i am dense. how does this help? the seller gets all the money at once, right? when escrow closes? sorry, i barely understand my end of the deal, what happens behind the scenes is totally lost on me. i wanted that house, i could have swung the 30%. (but glad i didnt get it, even less garage space! didnt have a 911 then)
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Old 10-28-2005, 09:14 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #13 (permalink)