What if the home doesn't sell?
When a borrower chooses to “Pay at Close” with Titus, they are starting a 6-month personal loan that will be repaid at the earliest of the following:
- The home sells
- Six months pass
- The listing is canceled or withdrawn
If the home hasn’t sold by the time the loan is due, borrowers will have the option to repay over six additional months at an 18% APR.
Agents
IIf the home hasn’t sold by the time the loan is due, the cost can either be repaid out of pocket or the agent can elect to roll the cost over to the next commission for a fee