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Lock-in without looking back

More Articles:

*When is the right time to lock?

*What if my lock-in period expires?
*Should I get my lock-in in writing?

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Should I get my lock-in in writing?


Absolutely. When it comes to establishing a lock-in agreement, the written word is the only way to go. Most lenders have pre-printed forms that outline the exact terms of the agreement. If you don’t understand the agreement, ask your lender or broker to explain it to you or show it to a lawyer or real estate professional for clarification. If a dispute arises, you'll be glad you have your lender's word in writing.

 

 

 


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