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Seller Can Reject Full Price Offers

Does a seller have an obligation to accept full price, cash offers? If a seller receives a full price, 100% cash offer with proof of buyer funds, is the seller obligated to accept that offer? The answer is probably no, but the seller probably owes the listing broker a commission. Learn about the factors that … Continue Reading

Due-on-Transfer Risk in an Era When Rates Cannot Decline

Loan Due On Transfer The current conventional wisdom is that so long a lender is receiving payments, the lender will not call a loan in default just because the borrower conveyed title, without paying off the debt, in violation of “due-on-transfer” clauses in the mortgage.  That conventional wisdom is based, however, on experiences born out … Continue Reading

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