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Especially the interest of Russian citizens they began to attract, after banks began to establish a minimum credit line, and this border was high enough. To date microloans occupy almost the leading positions in the sphere of lending. Some financial institutions have the opportunity to expand their loan portfolio by more than 100, and this is only over the past eighteen months. The concept of "microcrediting" appeared in South Asia small personal loans no bank account 1974.
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Ben Kruger was a listing agent on a property that received eight offers the first week, some small personal loans no bank account and some all cash.
The all-cash offers had lengthy inspection windows. "An agent representing a financed buyer reached out to me, explained that their buyer was very serious and asked if they could complete inspections before their submission of an offer," says Kruger, a Beverly Hills, Calif.real estate agent.
"My seller agreed, and the buyer completed a general inspection, chimney inspection, foundation inspection, sewer line inspection and HVAC inspection. " The buyer then submitted an offer with no inspection contingency. The seller accepted the financed the offer, even though it wasnt the highest offer or an all-cash offer. "From my seller's point of view, this buyer had shown a significant commitment to the property and a strong desire to close," Kruger says.
Address the sellers time concerns. Since time is typically one of the seller's main concerns, buyers with financing should make their contingency periods as short as possible and offer the seller a per diem so that if the sale closes late, they get compensated each day.
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