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What Biden is asking forBiden's emergency request to Congress included aid for Ukraine, Israel and other U.S. allies, along with $14 billion to bolster the immigration system and border security. “It is unanimous that our broken immigration system is in dire need of reform,” Mayorkas said. Republicans have made clear that will not be addressed in this package, which they want to be more narrowly focused on border security measures. Republicans argue that Ukraine aid could be a tough sell to some of their voters, and the border policy is the compromise. It’s border security for Ukraine aid.”So far, leaders in both parties have encouraged the talks.
Persons: Joe Biden, Arizona Sen, Kyrsten, , Pramila, Biden, Donald Trump, Alejandro Mayorkas, ” Mayorkas, Illinois Sen, Dick Durbin, What's, Barack Obama, Democratic Sen, Chris Murphy of, ” Murphy, Arkansas Sen, Tom Cotton Organizations: WASHINGTON, , Republicans, House Democrats, Republican, Democratic, Congressional Progressive Caucus, Infrastructure, Homeland, U.S, Democrats, Trump, House Locations: Ukraine, U.S, Mexico, United States, Arizona, Washington, Venezuela, Israel, Russia, Illinois, Chris Murphy of Connecticut, Arkansas
Sales slumped in October and prices continued to climb, as mortgage rates surged last month and inventory remained extraordinarily low. Home sales remained at 13-year lows as buyers competed for the few available homes on the market and continued to push up prices. Elevated prices, together with the average rate for a 30-year fixed rate mortgage nearing 8% in October, have created the least affordable market in several decades. Home sales were down in lower priced categories – under $750,000 – due to lack of inventory and sales grew in higher price categories where there was more inventory. “The lack of inventory and higher interest rates really hitting the home sales market,” said Yun.
Persons: , , Lawrence Yun, Yun, Organizations: DC CNN —, National Association of Realtors, West, NAR, Locations: Washington, Northeast, Midwest, South
Tim Boyle will be the New York Jets’ starting quarterback against the Miami Dolphins on Friday, two people familiar with the decision told The Associated Press. Wilson and the Jets’ offense have struggled mightily this season, and coach Robert Saleh pulled the 2021 No. New York went 0 for 11 on third down, but went 4 for 5 on fourth down against Buffalo. The Jets scored their first touchdown on offense since Oct. 29 on their only trip inside the Bills 20 on Sunday. Boyle was signed by Chicago off Detroit’s practice squad in November 2022 and spent the rest of the season with the Bears.
Persons: Tim Boyle, Boyle, Zach Wilson, Aaron Rodgers, Achilles, hasn't, Wilson, Robert Saleh, Wilson —, ” Wilson, Michael Carter, Jeremy Ruckert, Israel Abanikanda, Xavier Gipson, Jason Brownlee, Nathaniel Hackett, Rodgers, Trevor Siemian, Tim, ” Saleh, , ___ Organizations: New York Jets, Miami Dolphins, Associated Press, NFL, Detroit Lions, NFL Network, Jets, Buffalo, AFC East, Dolphins, Black, Israel, New York, The Jets, Detroit, Lions, Chicago, Bears Locations: New York, New, Eastern Kentucky, Green Bay
REUTERS/Jason Lee/File Photo Acquire Licensing RightsBEIJING, Nov 15 (Reuters) - European firms "urgently" need China to give clearer definitions of key terms in its cross-border data transfer rules, a European business lobby group said on Wednesday, warning that firms also stood to waste millions of euros storing non-sensitive data in China. The world's second-largest economy has in recent years tightened its data laws amid President Xi Jinping's increased focus on national security, and foreign firms fear their lack of clarity could trip them up. The chamber's report echoes recent comments from a European Commission official, who said in September that European businesses were especially concerned about a lack of clarity in China's data laws. The most common type of data European firms transfer abroad is employee's personal information followed by suppliers' and customers' personal information, the survey showed, 96% of which is sent to companies' headquarters and other regional offices. A third of companies indicated it would cost them "several million euros" to store their data in China if they failed the cross-border transfer security assessment now required by CAC.
Persons: Jason Lee, Xi Jinping's, Brenda Goh, Kim Coghill Organizations: REUTERS, Rights, Chamber of Commerce, European Commission, Government, CAC, Thomson Locations: China, EU, Beijing, Rights BEIJING
FLORHAM PARK, N.J. (AP) — Aaron Rodgers will have the final call on whether he plays again this season for the New York Jets — if and when he gets medical clearance. “Aaron’s a big boy, a grown man, and no one’s going to know Aaron’s body like Aaron knows his body,” Saleh said. Rodgers, who turns 40 on Dec. 2, has repeatedly said his goal is to return late this season. “If I have a great week this week and next week, that could be accelerated,” he said on “The Pat McAfee Show” on Tuesday. “And I think Aaron’s just icing on the cake.”A return this season by Rodgers would be unprecedented in terms of recovery time.
Persons: — Aaron Rodgers, Robert Saleh, Achilles, , Aaron, ” Saleh, Rodgers, NBC’s Melissa Stark, , Pat McAfee, we’re, Zach Wilson, waiving, Michael Carter, Saleh, Israel Abanikanda, Carter “, It’s, it's, Kenny Yeboah, Tanzel Smart, DB Craig James, ___ Organizations: New York Jets, Wednesday, Jets, Raiders, Miami, Washington, Cleveland, AFC East, Buffalo, ., Atlanta, Houston, Sunday, The Jets Locations: FLORHAM, N.J, Las Vegas, . New York, York, New York, Los Angeles
When the Supreme Court struck down President Biden’s $400 billion plan to forgive up to $20,000 in federal student loan debt for 43 million borrowers, the prospect of substantive debt relief appeared to vanish. But then millions of borrowers received surprise notices that their federal student loans were being eliminated through other government relief programs. The Biden administration has wiped out loans totaling $127 billion for 3.6 million borrowers — the biggest wave of student debt cancellation since the government began backing educational loans more than 60 years ago. The Education Department is the largest lender for Americans who borrow for higher education, and 43 million borrowers currently owe the government $1.6 trillion. Here are the four largest programs being used to eliminate loan debts — and how five borrowers benefited from them.
Persons: Biden’s, Biden Organizations: The Education Department, Education Department,
Like hurricanes, blizzards or wildfires, Taylor Swift is now prompting an airline to waive ticket-change fees. The Chie-based carrier said it is waiving both ticket-change fees and differences in fare if travelers can fly anytime until Nov. 17 after Swift's show at Argentina's largest stadium was postponed. Some customers complained to LATAM on social media, however, that they were having trouble finding seats and that the carrier told them about the waiver too late. The airline didn't immediately comment on whether it is adding additional flights. While it might be a new era for airline waivers, The Eras Tour has impacted other industries like hotels.
Persons: Taylor Swift, popstar Organizations: LATAM Airlines, Airlines, CES, CNBC Locations: Chile, South America, Buenos Aires, Argentina's
Oregon will pause its proficiency requirement for high-school students to graduate through 2028. Photo: BRIAN HAYES/STATESMAN JOURNAL/USA TODAY NETWORKStudents in Oregon will continue to graduate high school without passing an exam or submitting work samples in core subjects, the result of a recent decision that critics say is watering down standards. Leading up to the state board of education meeting last month in Salem, Ore., where board members voted unanimously in favor of waiving the requirement, comments poured in—nearly all of them critical of the graduation proposal.
Persons: BRIAN HAYES Locations: Oregon, Salem, Ore,
ET (1030 GMT), would have the effect of eliminating entirely the domestic manufacturing requirement for government-funded electric vehicle (EV) chargers "thereby harming domestic manufacturing and American jobs." The White House said the Republican bill to rescind that waiver would also overturn the FHWA decision to impose Buy America rules on EV chargers. As a result, the 1983 Reagan administration decision to exempt manufactured products from Buy America requirements would again apply, meaning EV chargers would not be covered by any Buy America requirements, the White House said. Republican Senator Marco Rubio challenged the White House argument, arguing they would separately rescind the 1983 waiver at any time. "The Biden administration is waiving the law’s ‘Buy America, Build America’ provision, which means they are directing taxpayer dollars toward foreign-made EV chargers," Rubio said.
Persons: Joe Biden, Leah Millis, Reagan, Marco Rubio, Biden, Rubio, David Shepardson, Marguerita Choy Organizations: Amtrak, REUTERS, Rights, Republican, Federal Highway Administration, EV, Thomson Locations: Bear , Delaware, U.S, America, United States
ATLANTA (AP) — People in Georgia will keep paying no state taxes on gasoline and diesel, at least until state lawmakers start a special legislative session. Brian Kemp on Wednesday extended the fuel tax rollback of 31.2 cents per gallon of gasoline and 35 cents per gallon of diesel until Nov. 29. Georgia’s governor can suspend the collection of taxes during an emergency as long as state lawmakers approve it the next time they meet. Tax revenues fell about 3% in October even though some fuel taxes were still flowing into state coffers after Kemp's September action. Fuel taxes in Georgia largely fund roadbuilding.
Persons: Brian Kemp, That's, Kemp, Garrison Douglas, Joe Biden, ” Kemp, Organizations: ATLANTA, , Republican Gov, Democratic, AAA Locations: Georgia, Texas
Deposit delays: Fed tells banks to get customers help
  + stars: | 2023-11-07 | by ( Matt Egan | ) edition.cnn.com   time to read: +2 min
New York CNN —Federal Reserve officials are urging banks to work with customers hurt by ongoing deposit delays that have prevented some people from accessing their paychecks and other funds. The deposit delays are linked to a problem that emerged on Friday with the Automated Clearing House (ACH) payments system, causing headaches for consumers and employers. “The Federal Reserve encourages banks to work quickly to resolve issues for customers experiencing delays in receiving direct deposit payments as a result of operational issues at a private sector payments provider,” a Fed spokesman told CNN in a statement. Fed officials signaled they want banks to help customers by waiving overdraft or late fees. The Consumer Financial Protection Bureau similarly told CNN on Monday that consumers “should not be penalized” by fees and penalties.
Persons: haven’t, waiving overdraft, JPMorgan Chase, Banks, Chase Organizations: New, New York CNN — Federal Reserve, Federal Reserve, CNN, Consumer Financial, JPMorgan, Fed, ACH Network, Bank of America, US Bank Locations: New York, United States, Wells Fargo
And it meant going back to the Rutherford County Juvenile Court, going back in front of Judge Davenport. meribah knightAnd more importantly —wes clark I was definitely thinking about how we could sue somebody for what happened. wes clark I just remember being giddy, like a kid, like this sentence, this is fucking bonkers, that this exists. And this is The Kids of Rutherford County, Episode 3: Would You Like to Sue the Government? Even more, Rutherford County would likely continue to jail kids at an extraordinary rate.
Persons: Wes Clark, Mark Downton, Judge Davenport, They’d, Clark, downton, , Here’s Mark, Wes, Mark, wes clark, wes clark Oh, they’re hustling, It’s, we’ve, wes clark Yep, It’s jargony, I’m, I’ve, wes clark That’s, Davenport, wes clark There’s, there’s, ” I’m, Sue, Mark didn’t, Wesley, — he’d, There’s, Mark doesn’t, I’ll, who’d, Kyle Mothershead, Kyle’s, kyle mothershead, Bradley Cooper, meribah, Kyle, he’s, Let’s, , Wes couldn’t, you’re, Rutherford, Lynn Duke, wasn’t, Duke, shouldn’t, Wes didn’t, Lynn Duke’s, Zeb, zeb smotherman, Smotherman, Grace, Thomas, thomas I didn’t, thomas, Brandon, brandon, brandon I, thomas I, yank, Quintarius Frazier, quintarius frazier I’m, Dylan, dylan I, You’re, they’d, — you’re, I’m Wesley, WGNS, bart, Donna Scott Davenport, donna scott davenport, Bart, Davenport wouldn’t, Rutherford County’s, Bart Walker III, , we’re, Judge Davenport’s, Rich Campbell, she’d, Here’s Wes, you’d, Waverly Crenshaw, that’s, wes clark Yes, Judge Crenshaw, who’ve Organizations: ACLU, Juvenile Court, The New York Times, Rutherford County’s Police, truancy, Civil, downton, Juvenile, WGNS, South Locations: Downton, Lake Louise, Rutherford, Hobgood, Tennessee, Rutherford County, Davenport, downton, waiving, Murfreesboro, WGNS, that’s, State, Nashville’s
Mr. Nauta, who is still employed by Mr. Trump, assured the judge that he understood that in retaining Mr. Woodward, he was waiving his right to appeal a potential conviction on the basis that his defense counsel had a conflict of interest. Mr. Woodward is representing several clients with ties to Mr. Trump and the former president’s supporters. In some cases, Mr. Woodward is being paid through Mr. Trump’s political action committee. Until this summer, one of those clients was an information technology aide at Mar-a-Lago, Mr. Trump’s private club and residence, who is considered a crucial witness in the case. But that disclosure only came to light after Mr. Taveras, facing the possibility of a perjury charge for lying to a grand jury, had fired Mr. Woodward and hired a new lawyer.
Persons: Nauta, Trump, Woodward, Yuscil, Taveras, Carlos De Oliveira, De Oliveira Organizations: Mr, Mar, Trump, White Locations: Mar
In this article WMTAMZN Follow your favorite stocks CREATE FREE ACCOUNTWalmart hosted its first seller summit for its third-party marketplace this summer. Walmart leaders gave third-party marketplace sellers an early gift, too: Waiving extra fees for storing merchandise during the peak season. Already, the company is using the third-party marketplace to try to drum up early business. About 70% of items included in Walmart Plus Week, which coincided with Amazon Prime Day in July, were marketplace items. There are signs Walmart's growing third-party marketplace could help the company defy slower spending patterns and capitalize on inflation-wary shoppers.
Persons: Doug McMillon, Santa Claus, Sam Walton, Walmart's, Tom Ward, Rick Watson, Watson, Melissa LaCognata, Jaré Buckley, Cox Organizations: Walmart, Amazon's, Amazon, Walmart U.S, eBay, RMW Commerce Consulting, Federal Trade Commission, Disney, Reebok, Lucky Locations: Las Vegas, Amazon
On Sunday, U.S. air carriers United Airlines (UAL.O), Delta Air Lines (DAL.N) and American Airlines (AAL.O) suspended direct flights following the FAA's caution advisories. Britain's easyJet (EZJ.L) halted flights to Tel Aviv on Sunday and Monday, and said it would adjust the timings of flights over the next few days. Lufthansa (LHAG.DE) group, also among the airlines most exposed to Israel according to Goodbody, cancelled flights to and from Tel Aviv through Monday. Portugal's TAP suspended flights up until Monday and offered refunds or rescheduling at no additional cost. Hainan Airlines (600221.SS), the only Chinese airline to fly between China and Israel, and other airlines flying from Hong Kong and South Korea, cancelled flights between Tel Aviv and Shanghai on Monday.
Persons: Benjamin Netanyahu, Amir Cohen, Finland's, Britain's, Goodbody, Virgin Atlantic, IAG, Ben, Ben Gurion, Douglas Gillison, Sophie Yu, Farah Master, Joyce Lee, Brenda Goh, Tim Hepher, Ilona Wissenbach, Sergio Goncalves, Anna Ringstrom, Sarah Young, Joanna Plucinska, Clarence Fernandez, Bernadette Baum Organizations: Israeli, Ben Gurion International, REUTERS, El Al, Fighters, Tourism, Regulators, Federal Aviation Administration, European Union Aviation Safety Agency, Sunday, United Airlines, Delta Air Lines, American Airlines, Delta, Air, Wizz, Lufthansa, Portugal's TAP, Virgin, East . British Airways, Ryanair, flyDubai, Hainan Airlines, Thomson Locations: Lod, Israel, Tel Aviv, Gaza, Israel's, United States, U.S, New York, Chicago, Washington, DC, Miami, United, Europe, Air France, Hungarian, East, Ben Gurion, China, Hong Kong, South Korea, Shanghai, Beijing, Shenzhen, Lisbon, Stockholm, London
REUTERS/Amir Cohen/File Photo Acquire Licensing RightsOct 9 (Reuters) - Several international air carriers have suspended flight services with Tel Aviv in light of the Hamas militant attack on Israel, saying they were waiting for safety conditions to improve before resuming. Britain's easyjet (EZJ.L) said it had halted flights with Tel Aviv on Sunday and Monday, and would adjust the timings of flights in the next few days. Hainan Airlines (600221.SS), the only Chinese airline to fly between China and Israel, cancelled flights between Tel Aviv and Shanghai on Monday, citing the security situation in Israel. It said it would continue flights linking Beijing and the southern tech hub of Shenzhen with Tel Aviv while waiving fees for cancellations before Oct. 20. Korean Air (003490.KS) said it cancelled its Monday flight between the port city of Incheon and Tel Aviv and expects future flights to be irregular.
Persons: Benjamin Netanyahu, Amir Cohen, Finland's, United, Britain's, Douglas Gillison, Sophie Yu, Farah Master, Joyce Lee, Brenda Goh, Anna Ringstrom, Stockholm Sarah Young, Andrea Ricci, Clarence Fernandez Organizations: Israeli, Ben Gurion International, REUTERS, Fighters, Sunday, United Airlines, Delta Air Lines, American Airlines, Air, Delta, Hainan Airlines, Cathay, HK, Korean, Thomson Locations: Lod, Israel, Tel Aviv, Gaza, U.S, New York, Chicago, Washington, DC, Miami, United States, China, Shanghai, Beijing, Shenzhen, Hong Kong, KS, Incheon, Stockholm, London
U.S. President Joe Biden speaks with border patrol officers as he walks along the border fence during his visit to the U.S.-Mexico border to assess border enforcement operations, in El Paso, Texas, on Jan. 8, 2023. WASHINGTON — The Biden administration waived 26 federal laws in South Texas to greenlight the construction of approximately 20 additional miles of the U.S.-Mexico border wall in the Rio Grande Valley. The continuation of border wall construction, which was announced in late June, is a major policy pivot for the Biden administration. During his 2020 campaign, President Joe Biden promised not "another foot of wall" would be built under his administration. NBC News released a poll last week that found the majority of Americans say Republicans do a better job addressing border security.
Persons: Joe Biden, WASHINGTON —, Alejandro Mayorkas, Biden, J.B . Pritzker Organizations: WASHINGTON, Biden, Department of Homeland, Act, Democratic, Illinois, NBC, Republicans Locations: U.S, Mexico, El Paso , Texas, South Texas, Rio Grande, United States
Scott Hall, one of 18 co-defendants of former President Donald Trump in the Georgia election interference case, pleaded guilty Friday to multiple criminal charges. Hall, a bail bondsman, is the first defendant in the case to plead guilty in the case. Hall, who pleaded guilty to five misdemeanor counts as part of a negotiated deal, will avoid spending time behind bars. Like all other defendants in the case, Hall had pleaded not guilty to the charges brought by Atlanta District Attorney Fani Willis. But earlier Friday, an attorney for Hall submitted a court filing waiving his indictment in the case.
Persons: Scott, mugshot, Donald Trump, Scott Hall, Hall, Scott McAfee, Trump, Joe Biden's, Sidney Powell, Fani Willis, Willis Organizations: Sheriff's, U.S, Fulton County Superior Court, Trump, Atlanta District, Hall Locations: Fulton, Atlanta , Georgia, Georgia, Fulton County, Georgia's, Coffee County , Georgia
[1/3] A sign outside the Guru Nanak Sikh Gurdwara temple is seen after the killing on its grounds in June 2023 of Sikh leader Hardeep Singh Nijjar, in Surrey, British Columbia, Canada September 18, 2023. REUTERS/Chris Helgren/File Photo Acquire Licensing RightsNEW DELHI, Sept 29 (Reuters) - Hundreds of Sikh activists on Friday staged a demonstration outside the Golden Temple in Amritsar, in the northern Indian state of Punjab, demanding punishment for the killers of a Sikh separatist in Canada. Earlier this month, Canadian Prime Minister Justin Trudeau told parliament that there may be a link between New Delhi and the murder of Hardeep Singh Nijjar in June in British Columbia. Holding posters of Nijjar, the protesters outside the holiest of Sikh shrines shouted slogans asking New Delhi to stop extrajudicial operations against separatists seeking Punjab as an independent state. Nijjar, who worked as a plumber, left the north Indian state of Punjab a quarter-century ago and became a Canadian citizen.
Persons: Nanak, Hardeep Singh Nijjar, Chris Helgren, Justin Trudeau, Paramjit Singh Mand, Dal, Kanwar Pal, Sunil Kataria, Mayank Bhardwaj, Alison Williams Organizations: REUTERS, Canadian, Dal Khalsa, Thomson Locations: Surrey, British Columbia, Canada, DELHI, Golden, Amritsar, Punjab, New Delhi, India, Canadian, Sikh
The Cyberspace Administration of China (CAC) said it was considering waiving data export security assessments for activities such as international trade, academic cooperation, cross-border manufacturing and marketing that do not contain personal information or important data. Alex Roberts, a Shanghai-based lawyer at Linklaters, said the new rules are "a great signal for foreign investment and trade into China". You Yunting, a lawyer with Shanghai-based DeBund Law Offices, said the new rules "represents a certain degree of relaxation in data export regulation" in China. He added that the new rules could keep the cross-border transfer of human resources data low for companies. The previous rules were causing consternation among international businesses in China as some fear they could be cut off from assessing their human resources data from within China.
Persons: Alex Roberts, Brenda Goh, Josh Ye, Christina Fincher, Alison Williams Organizations: Cyberspace Administration of China, European, Reuters, Thomson Locations: SHANGHAI, HONG KONG, China, Shanghai, Linklaters, Hong Kong
Outside the Trump rally, small groups of Trump supporters waived flags along a main road, while closer to the factory where the former president will speak was a small drumline with Trump supporters waiving flags nearby. "Auto Workers for Trump" and "Union Members for Trump" signs were being handed out to attendees and MAGA hats were prevalent in the largely white, older male crowd. Brian Pannebecker, a retired auto worker who runs a Facebook group called "Auto Workers for Trump, said he assisted in getting current and retired auto workers to the event for the Trump campaign and expects more than 200 people at the event. The venue where Trump will speak is an auto parts production facility, which allows little room for the stage or a large audience. Hundreds of chairs were set up in front of where Trump will speak, with bleachers meant for auto workers on the far left and far right of the stage.
Persons: Donald Trump, MAGA, Brian Pannebecker, Joe Biden, shouldn't, It's, Mike Wayland Organizations: Republican, Drake Enterprises, Trump, " Auto Workers, Auto Workers, Ford, Chrysler Locations: Clinton Township , Michigan, United States, Mexico, Canada, Detroit
REUTERS/Florence Lo/Illustration/File Photo Acquire Licensing RightsSHANGHAI, Sept 26 (Reuters) - Discount e-commerce is set to dominate globally during the critical upcoming holiday shopping season in the West and Singles’ Day in China, analysts said. Platforms in China, the world’s largest e-commerce market, have recently described a “value-for-money battle” stoked by economic insecurity and a slower-than-expected retail recovery following the lifting of COVID-19 curbs late last year. “There was a clear vacuum for the discount retailer online experience ... Across the world, executives are now focusing on price pressures as discount online retailers gain increasing market share. In the West, the inflation driven consumer wants something cheaper because they're going through a moment of financial insecurity,” Ho said.
Persons: Florence Lo, , thrall, Sharon Gai, ” Humphrey Ho, Rui Ma, Trudy Dai, Alibaba, ” Ho, Casey Hall, Vanessa O'Connell, Aurora Ellis Organizations: PDD Holdings, REUTERS, Rights, West, Deal, Hylink, Amazon ., Tmall, Thomson Locations: China, Southeast Asia, North America, Europe, United States, Douyin, Canada, Australia, America, U.S, Amazon, Amazon . Indonesia
JPMorgan said its $75 million settlement with the USVI includes $30 million to support charitable organizations, $25 million to strengthen law enforcement to combat human trafficking, and $20 million for attorney's fees. Epstein died in August 2019 in a Manhattan jail cell while awaiting trial for sex trafficking. INTERNAL WARNINGSIn July, USVI said it wanted JPMorgan to pay at least $190 million, including a $150 million civil fine, and possibly much more to resolve the lawsuit. Deutsche Bank (DBKGn.DE), where Epstein was a client from 2013 to 2018, in May reached a $75 million settlement with women who said Epstein sexually abused them. Staley has expressed regret for his friendship with Epstein and denied knowing about his sex trafficking.
Persons: Caitlin Ochs, JPMorgan Chase, Jes Staley, Jeffrey Epstein, Epstein, Staley, Ariel Smith, USVI, JPMorgan, Jamie Dimon, Dimon, Nupur Anand, Lananh Nguyen, Jonathan Stempel, Muralikumar Anantharaman, Daniel Wallis 私 Organizations: JPMorgan Chase Bank, REUTERS, JPMorgan, U.S . Virgin, Deutsche Bank, Barclays Locations: New York City, U.S, Manhattan, York, New York
Due to the competitive real estate market, even in small-town Kansas, homes only stayed on the market for a matter of days at most. Our competition responded first, by keeping their offer as it was but waived their right to have the house inspected before closing. Perhaps for a moment we wondered if we should have also waived our inspection and saved that money. In fact, while we were buying our house, a relative was having a similar foundation problem repaired to the tune of $15,000. Check today's average mortgage rates and learn more about the amount of house you may be able to afford.
Persons: Kansas, Ian, didn't, We're Locations: Utah, Kansas
We waived the inspection contingencies in our offers, but we still scheduled pre-offer inspections. Not only did we bring extra cash toward a low appraisal, but we made our earnest money non-refundable. But having low appraisal money in the double digits definitely gave us a leg up. We made our earnest money non-refundableEarnest money is a percentage of your down payment that you make upfront, sort of like a safety deposit. Our earnest money deposit was $10,000, and we marked on our offer letter that we forfeited our earnest money.
Persons: I've Organizations: Service Locations: Wall, Silicon
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