How To Sell Your Home To Serious Buyers
The housing market has been interesting for those buying with good credit. Many of them waited for the market to hit bottom, so that they could buy their dream homes dirt cheap. Well, that time has now passed. However, there are some serious buyers still looking for their dreams homes no matter the market conditions. Sellers, like you, have waited for things to improve in the job market, and now you're getting what you have waited for since it is now a seller's market. It is time to get back in the game and sell your home to buyers that seriously want it.
Things have definitely changed in the newly rising housing market. The lenders want the buyers to risk a little more. This can lead to buyers risking too much or only partially showing interest in home. While it may be a seller's market now, it is not without its issues. There are now higher down payments in the market than those of years past. This may mean that the number of buyers decreases. Also, if you are a seller, you may have trouble finding any buyers that qualify for a mortgage and then try to buy your home. Those that are actually interested in your home should have done their homework and should have this all prepared properly.
Having a good team of professionals can help you avoid some costly mistakes with selling your home. You could potentially lose serious buyers without them. You need to take time to build this team wisely. You need a good agent that is qualified and that is trustworthy. They can help get your home out there, so their job is very important. You also need a good inspector and appraiser so that you can get an accurate picture for your pricing and renovations. You should check out some local ones on the BBB's website. While you need to find good potential buyers, they need to find a good potential seller.
The best thing that you can do to save yourself is to screen your buyers carefully. You need to screen them and weed out the indecisive ones. You also need to avoid the ones that claim that they can get loans, but can't. This also includes preventing discussions with those that have noting to give you for it because they are wasting time that could be spent with those that can afford your home. You need to spend time with those that are genuinely interested, not those that are him-hawing around with their decision. You also need to make sure they are pre-approved. This means that you have to check out their employment and credit thoroughly. you need to make sure that your potential buyers are able to borrow. You should have your loan agent call them up to make sure. Those buyers that are serious should not mind this at all. If they are really okay with all of this, it just means that they are most likely ready to act and buy your home.
This advice should help you weed out the serious buyers from those that are indecisive. You need buyers that won't take up your time without seriously wanting to buy your home, but you need to put some effort into your selling with proper advertising and checks on your potential buyers.
