In today's world, there are a number of things that can go wrong in order for your real estate transaction not to close. The process has gotten more difficult and the rules for getting financing approval are constantly changing. Therefore, your real estate agent can be critical in making sure that everything is in order for you to close. One area where you hope you don't have difficulty is with your seller.
Recently, a seller in the South Burlington, Vermont area decided that the appraisal process was taking too long and that he was not going to extend the financing deadline for the buyer. All the paperwork had been taken care of and the only outstanding item was that the bank needed a hard copy of the appraisal. Needless to say, the seller finally conceded to give a few more days for the approval and it all worked out. He closed on his home in South Burlington and the new buyer got to move into their dream home. Sometimes waiting can be difficult, but the ultimate goal is to close and you never want to be the one getting in the way of your own deal closing. If you would like some help in selling your home. contact Brian at brian@c21-advantage.com your real estate advantage.How a Seller Almost Killed His South Burlington Real Estate Sale
- By Brian French
- Posted
In today's world, there are a number of things that can go wrong in order for your real estate transaction not to close. The process has gotten more difficult and the rules for getting financing approval are constantly changing. Therefore, your real estate agent can be critical in making sure that everything is in order for you to close. One area where you hope you don't have difficulty is with your seller.
Recently, a seller in the South Burlington, Vermont area decided that the appraisal process was taking too long and that he was not going to extend the financing deadline for the buyer. All the paperwork had been taken care of and the only outstanding item was that the bank needed a hard copy of the appraisal. Needless to say, the seller finally conceded to give a few more days for the approval and it all worked out. He closed on his home in South Burlington and the new buyer got to move into their dream home. Sometimes waiting can be difficult, but the ultimate goal is to close and you never want to be the one getting in the way of your own deal closing. If you would like some help in selling your home. contact Brian at brian@c21-advantage.com your real estate advantage.
