When writing an offer, buyers should carefully consider the value of having both appraisal and financing contingencies as part of the purchase contract, and prior to releasing these contingencies buyers and the agent representing them should work closely with the lender to understand all of the “pre-funding” conditions to ensure that they can be met. It’s equally important for sellers to understand that even after buyers have removed conditions occasionally underwriters raise concerns over which buyers may not have any control.
In our opinion, the best way to find a Realtor is to look for a referral from a trusted friend, family member or co-worker. An evaluation from someone with an actual working relationship with a professional is infinitely superior to relying on an agent’s self-promotion Have you ever noticed how many agents claim to be […]
In Successful Buyer Strategies, Part I we suggested that surrounding yourself with a team was the best way to start the adventure leading to the purchase of your home. Knowing how much you can afford is paramount. The best way to determine your buying power is to check in with a lender and ask to […]
The purchase of a home is a significant financial decision for most people, and developing successful strategies will allow for a smooth process and satisfying outcome. Buyers today feel empowered by the wealth of information easily available through the internet. However, buying a home is far more important than just having information. There are several […]