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My Mortgage Blog

Who do you know that has purchased a presale contract closing in 2019? This is someone who has an accepted offer to purchase real estate closing at a time usually longer than a year away and thus far has only made their initial deposit. The most common misconception around presale contracts is that your mortgage financing is already in place. Guess what? I bet its not. Watch the video below for more details & if you have any questions please contact me.