Barb Schlinker The Real Estate Voice

How to Write a Winning OfferWhat are the Top Mistakes Buyers Make When Making an Offer on Homes?Buyers Do Not Know HOW it Works...Buyer Mistake #1: Not Getting Pre-APPROVED FOR FINANCINGa. Define: Pre-Approved - Submitted financial docs to lender and lender has approved the buyers loan, just need a house!i. Similar to Cashii. Just Need an Appraisalb. Pre-Qualified - Talked to a Lender on the Phone and Lender MAYBE pulled creditNOTE: Pre-Qualification tells me there is NO Verification by the lender of the Buyer's Financial statusBuyer Mistake # 2: FAILURE TO SEND OVER BUYER’S ABILITY TO PAY WITH PROOF OF FUNDS OR LENDER LETTER - -NO Lender Letter ProvidedPuts Buyers Ability to Perform in DoubtAgents have said to me…”I was so busy”Too busy to present your buyer in the best possible light?Buyer Mistake # 3: HOUSE TO SELL CONTINGENCY 1. Hot Property – 20 Showings on Day 12. Offer Came in with a House to Sell that gave the buyer a back out, no harm no foul to buyer all the way until closing day…6 weeks later!