Is the offer you received on your home legitimate?

Written by Posted On Monday, 18 December 2017 06:13
Is the offer you received on your home legitimate Is the offer you received on your home legitimate Pixabay

Martino Realty will help you with Real Estate warning signs.

With a high demand for real estate and low supply, sellers may feel that they have the upper hand. One thing to beware of in this market is, “buyer’s remorse”. This will occur when the buyer backs out of a deal once they’ve put in an offer on a specific home, leaving a negative stigma around the home.
How can one avoid getting those bad buyers? There is no exact answer, but there are red flags!
1. Buyers with specific questions about that home that can be easily fixed. If a buyer has an issue with the stain on the carpet, don’t be surprised if they aren’t serious buyers.
2. In the process after the acceptance phase, the buyer will set up a time for the engineering inspector. If they take their time, this may imply they are getting cold feet.
3. Beware of buyers who are reluctant to give the pre-approval.
4. Buyers who are hard to get in contact with can be a sign they aren’t serious.
5. Ideally, if a couple plans to purchase a home they should both have seen it.
Again, these aren’t necessarily deal breakers just be sure there is constant communication between your buyer.

 

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Charles Martino

Our commitment as your local realtors is to provide you with the specialized real estate service you deserve. When you are an informed buyer or seller, you’ll make the best decisions for the most important purchase or sale in your lifetime. That’s why our goal is to keep you informed on trends in the marketplace using the latest statistics in your local area.

In the current market, real estate is still a sound investment for now and for the future with some of the best value for your dollar seen in recent years. As local area experts with knowledge of the communities, our objective is to work diligently to assist you in meeting your real estate goals.

If you are considering buying or selling a home or would just like to have additional information about real estate in your area, please don’t hesitate to call or email us. Thank you for visiting the Martino Realty  – please consider it as your online source for local real estate information, and return often for the latest property listing updates.

Visit our website today: http://martino-realty.com/

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