FREQUENTLY ASKED QUESTIONS

Only if you renewed your license by June 30th of the Current year, then you must take CE after July 1st, and every license year thereafter.

No.  A loan commitment letter is like pre-qualification and does not guarantee that the lender will make the loan. It simply means that based upon an initial review your credit appears sufficient to qualify you for a loan amount.  A Pre-Approval letter is the best indicator of your ability to get a loan.  It is often sent with the offer to assure the seller that you can get a loan.

Refer to the FHA/VA Addendum.  It explains who is responsible for these items.  Your Broker should explain what is required. Usually it is up to the lender.

Yes, you should always get a new survey of the property.  The survey will show the location of buildings and other improvements to the property, as well as encroachments, easements and possible setback violations.  Make sure the acreage is what you are purchasing.  That row of trees may not be on your property.  Only way to find out for sure is with a survey.

The buyer can make any investigations on the property like a home and pest inspection. Finding problems and then requesting the seller to fix them.   The seller is not required to fix anything. Your broker can help negotiate fixes

Contact your real estate agent.  Be sure to have a signed Buyer Agency Agreement, otherwise the agent does not represent you, they represent the seller.