The excitement of finding a buyer can cloud the reality of the sale. Be sure that the buyer is able to get a loan so you aren’t blindsided at closing.
Harahan Louisiana House Buyers: Buyers will have specific items that they must get in order before they can buy your house. It’s best for you to know what those items are so you can do some pre-qualifying of your own when someone comes to look at your house and shows definite interest in buying it.
One of the worst things that can happen to a seller is to sell the house and then find that the buyer doesn’t qualify for the mortgage loan or has other unsettled debts and legal problems that will prevent the sale from closing. Those facts are often not disclosed until the last minute. As you might guess, it’s not easy to sell a house these days and the process is a lengthy one. Once you find a buyer you’ll want to know as much as you can about the buyer or you may find yourself starting all over again from square one.
Buyers will have specific items that they must get in order before they can buy your house
A seller who must sell for financial or other types of distress will very likely be ecstatic when someone agrees to buy their home from them. At last, they might believe, there is a light at the end of the tunnel. This can cloud the better judgment of someone so desperately in need of relief from a mortgage they can no longer support. Some patience will be in order at this point, however, if this is your situation. The fact is all buyers who love your house and want to buy it are not necessarily going to win the hearts of the lenders. This will leave you once again in the lurch and looking for a new buyer. The last thing a seller needs when trying to sell is to find out that the perfect buyer won’t be going through with the sale, and not because they don’t want the house. Other factors are involved that are beyond their control.
- Buyers will have specific items that they must get in order before they can buy your house.
- One of the worst things that can happen to a seller is to sell the house and then find that the buyer doesn’t qualify for the mortgage loan or has other unsettled debts and legal problems that will prevent the sale from closing.
- The fact is all buyers who love your house and want to buy it are not necessarily going to win the hearts of the lenders.
A seller can’t necessarily delve into a buyer’s personal business as that would violate their privacy. You can, however, ask a buyer for a pre-qualification letter from a lender. That’s one way to be sure that the buyer has already contacted a lender and discussed a loan with them. The lender may do a bit of checking to see if the buyer would indeed be capable of obtaining a loan and will tell the buyer how much they might qualify to receive
Do not spend the time or money repairing your home and getting it ready to show…. We will buy your home “As Is” so you don’t have to do the work. We are as serious about buying your house as you are about selling it. Selling a house is usually an expensive and complicated process. That’s why real estate agents make thousands (sometimes tens of thousands) of dollars on a single sale. But, when we buy your house, there are no commissions to pay and best of all there is no “waiting” involved.
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