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Re: PsD post# 43609

Wednesday, 08/08/2012 4:55:24 PM

Wednesday, August 08, 2012 4:55:24 PM

Post# of 48319
So this is much different than buying other properties such as a house, a ranch, etc?

I just recently purchased a house, where the first step is to find a lender which was willing to provide a loan up to the asking price. It was called the pre-approval process. Which allows the seller to see that you are a serious buyer.

Then the negotiation phase started and end with a final bid that both the seller and I agreed on.

Then

An appraisal was performed a week before close.

Why would purchasing a resort be any different?