| Giving You Knowledge & Power To Buy And Sell Real Estate. |
Your-Real-Estate-Resources.com |
_______________________________________________________________________________________________
| Home Loan Mortgage Tips To Attract The Right Home Buyer Real Estate Article By Noel Peebles |
Thinking of selling your home?
If you have a home loan mortgage then it pays to consult with the person (or company) that loaned you the money.
This could be a mortgage broker, a banker, a home loan lender - or, for the purposes of this we’ll call them a home
loan mortgage specialist. If they can’t help you, or if you don’t want them to help you, then you might need to look
for someone else who can.
You need someone who is professional and truly knowledgeable on the subject of home loan mortgages. Friends or
associates may be able to recommend someone who fits the bill. A home loan mortgage specialist will have the
knowledge to help you complete the transaction smoothly.
If you have a home loan mortgage then it pays to consult with the person (or company) that loaned you the money.
This could be a mortgage broker, a banker, a home loan lender - or, for the purposes of this we’ll call them a home
loan mortgage specialist. If they can’t help you, or if you don’t want them to help you, then you might need to look
for someone else who can.
You need someone who is professional and truly knowledgeable on the subject of home loan mortgages. Friends or
associates may be able to recommend someone who fits the bill. A home loan mortgage specialist will have the
knowledge to help you complete the transaction smoothly.
Can your buyer secure a
home loan mortgage?
Don’t waste valuable
marketing time on a home
buyer who can’t get a
mortgage or home loan.
Pre-qualifying interested
buyer’s is essential and it is
something your banker or
home loan mortgage
specialist should be able to
help you with.
home loan mortgage?
Don’t waste valuable
marketing time on a home
buyer who can’t get a
mortgage or home loan.
Pre-qualifying interested
buyer’s is essential and it is
something your banker or
home loan mortgage
specialist should be able to
help you with.
For example each time I have sold a business, I have always asked for a letter from the potential buyers banker,
before releasing commercially sensitive information. I would always ask for an assurance that the buyer has access
to sufficient funds to purchase the business. I would always say to the buyer, “I want proof that you have the ability
to buy my business.”
Selling a home is somewhat similar. It is imperative that you pre-qualify an interested buyer. It would be stupid to let
someone who is not able to get a mortgage or home loan, tie your house sale up with a contract that is never going
to be finalized. That would be a waste of everyone’s time and could potentially lose you a genuine sale by a genuine
home buyer.
A home loan mortgage specialist could give you guidance as to whether a buyer can afford to buy your house. He or
she will be able to tell you if the buyer would qualify for a home loan mortgage and if it is worth proceeding further
with the transaction.
Your lender or home loan mortgage specialist can help you with this too. It is important to be able to show potential
buyers what it would cost to buy your property and what their monthly mortgage loan payments are likely to be.
Financial and cost breakdowns are important, because they should give your buyer the necessary assurance to
write a contract.
Home buyers often use “a lack of financial information” as an excuse for not writing a contract. They are generally
unprepared - so do your homework in advance.
© Noel Peebles, Market Leaders ebooks.
before releasing commercially sensitive information. I would always ask for an assurance that the buyer has access
to sufficient funds to purchase the business. I would always say to the buyer, “I want proof that you have the ability
to buy my business.”
Selling a home is somewhat similar. It is imperative that you pre-qualify an interested buyer. It would be stupid to let
someone who is not able to get a mortgage or home loan, tie your house sale up with a contract that is never going
to be finalized. That would be a waste of everyone’s time and could potentially lose you a genuine sale by a genuine
home buyer.
A home loan mortgage specialist could give you guidance as to whether a buyer can afford to buy your house. He or
she will be able to tell you if the buyer would qualify for a home loan mortgage and if it is worth proceeding further
with the transaction.
Your lender or home loan mortgage specialist can help you with this too. It is important to be able to show potential
buyers what it would cost to buy your property and what their monthly mortgage loan payments are likely to be.
Financial and cost breakdowns are important, because they should give your buyer the necessary assurance to
write a contract.
Home buyers often use “a lack of financial information” as an excuse for not writing a contract. They are generally
unprepared - so do your homework in advance.
© Noel Peebles, Market Leaders ebooks.
| Terms and Conditions, Privacy Statement, Disclaimer © Copyright Market Leaders Ebooks. All Rights Reserved. |
 | |  | |  | |  | |  |
 | |  | |  | |  |
Home Mortgage Loans >> Mortgage Refinancing \ Home Loan Lending \ Home Loan Mortgages \ Home Loan Terms\
Mortgage Bridge Loans \ Mortgage Refinance Loans \ Home Equity Loans \ Mortgage Terms Explained
Mortgage Bridge Loans \ Mortgage Refinance Loans \ Home Equity Loans \ Mortgage Terms Explained
