Read This Before You Sign a Contract With a Buyer
Imagine taking your home off the market for 60 days while a prospective buyer tries to buy it. Then, 60 days later, the buyer finds out they can’t get a loan. You just wasted 60 days of marketing time! Now, imagine that during the 60 days, another buyer wanted to buy your home. But the buyer couldn’t purchase it. Why? Because you signed a contract with the first buyer. By the time you find out the first buyer could not obtain financing, the other buyer has already bought a house! Ouch! You just lost a sale! This is why it’s so important to make sure a buyer is able to obtain financing before you sign a contract. Fortunately, I work with a Mortgage Agent who can pre-qualify prospective buyers. Melissa Kuczepa at Mortgage Architects will tell your prospective buyers whether they will be able to obtain financing and provide them a pre-approval certificate, so you have peace of mind knowing their financing is likely to be approved. It costs you nothing to have Melissa prequalify your buyers. Her lenders can help buyers get a loan that is suitable to their needs with competitive rates. You can rest easy, knowing they’ll be able to obtain financing. This is a free service. Buyers are under no obligation to use Melissa Kuczepa at Mortgage Architects to get a loan, but Melissa works diligently to help buyers get the best mortgage product for their financial needs. Common Mortgage Terms that Every Buyer Should be Familiar
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