The BANKWEST Cash & Check Card works like a checkâ¦ but faster and easier! It looks like a credit card, but all purchase amounts are deducted from your checking account balance, not added to a credit amount.
Additionally, first time buyers may qualify for an MCC Tax Credit. Even other buyers on occasion! This benefit offers a true bottom line income tax credit up to $2000 each year. The tax credit enhances the affordability of a primary residence purchase in NC.
Typically, the buyer has a week or two to do the inspection and a few weeks to get an appraisal and loan. During this period, the seller canât enter into an agreement with another buyer, even though the sale hasnât closed. This means another interested buyer could make a âback-upâ offer. That way, if the first offer collapses, the seller has a back-up offer ready to go. A True Home, Pending Sale. A pending sale has had all contingencies removed.