Financial Due Diligence for Home Sellers (and Their Agents) As a former corporate attorney and CPA, one of my strengths selling real estate is helping Sellers “vet” the Buyer’s finances. Before they get to closing. In a nutshell, it comes down to this: “Can the prospective Buyer financially perform?” (legalese for “can they afford the property in...Read More
Financial Due Diligence for Home Sellers (and Their Agents) As a former corporate attorney and CPA, one of my strengths selling real estate is helping Sellers “vet” the Buyer’s finances. Before they get to closing. In a nutshell, it comes down to this: “Can the prospective Buyer financially perform?” (legalese for “can they afford the property...Read More
“Nice Try” Department “Lake Wobegone . . . where all the women are strong, all the men are good looking, and all the children are above average.” –Garrison Keillor I certainly understand what the listing agent is trying to accomplish by including the line, “Strong pre-approval letter requested with offers” in the “Financial Remarks” section of the MLS...Read More
Buyers’ Lenders . . . & Sellers’ (Huh??) What’s better than a Pre-Approval Letter from the home Buyer’s lender? A Pre-Approval Letter from the home Seller’s lender. Huh??? In fact, I really should say, “a lender known and trusted by the Seller’s listing agent.” Protecting the Seller When a Buyer shows up with a shaky Pre-Approval...Read More
