WHY SHOULD THESE STORIES MATTER TO YOU?
Do you see how important it is to know the true value of your home? Moral of the story: Anyone can lose money in the real estate market.
HOME SALE “HORROR STORIES”
Any real estate transaction can go awry due to a multitude of reasons. Having a real estate professional involved in the transaction will provide knowledge, somewhere to turn, and action.
Pre-closing Error: Buyers Moving in Too Soon
An agent-represented homeowner was selling a house owned in a small town in Washington State. The seller accepted the buyer’s offer, then moved out before the closing date. The seller found out from the neighbors that the buyers were moving in before the closing date. Seller called her agent who contacted the buyers’ agent and told him the buyers should not have had the keys and definitely should not be moving into the house! (There are several legal, insurance-related, and ownership reasons for this).
A real estate agent was working for sellers whose house had sat unsold for several months. The sellers were thrilled to get a cash offer for the $400,000 house from a couple. The buyers offered a proof-of-funds letter from a brokerage firm.
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