Information on the deal
A summary for the key deal details, including price, loan quantity, the worthiness of improvements/repairs, approximated shutting costs, buyer-paid discounts, and home loan insurance coverage (if relevant). (Note: the financial institution will fill in most of these records. )
Declarations
A listing of every judgments, liens, past bankruptcies or foreclosures, pending legal actions, or delinquent debts. You’ll additionally be expected to state whether you’re a U.S. Resident or permanent resident and whether you wish to utilize the house as the main residence.
Many homesellers may well be more happy to negotiate with those individuals who have evidence that they’ll get funding.