Is The Real Estate Seller And Buyer Ready To Play?
Getting a property, a real estate listing to the sit down, sign the paperwork to close.
Not every property listing makes it all the way to the property closing for a variety of reasons. Two of the most important factors revolve around the seller being ready to sell when it comes right down to it.
And is the real estate buyer being in a position of ready, willing and able to pull the trigger today?
Are we ready to buy and sell the property in Maine today? Money in hand or bank pre-qualified to make it happen?
That is the question before all the rest falls into place that can raise its ugly head to cause delay, derailment and all the rest of the stress associated with buying, selling a property listing.
People are involved and emotions can run high but despite the layers of players involved in the decision making, the motivation and ability to really buy or sell real estate is the end all.
Beyond the real estate seller is ready, the buyer has his snickers all laced up, both are chomping at the bit to giddy up and go, what else enters the picture?
Is the property priced to sell, realistic with the current market conditions? Is the marketing to find a buyer out in the wild blue yonder full throttle and far reaching?
Because if way over priced, the property won’t sell and the seller is fooling himself about the chances being good for an actual closing to take place.
And if no one knows about the real estate property listing except the neighbors on all four sides of the what’s for sale, it is like winking at a girl in the dark.
The results are poor, she is not in the know on what is going on in the playing footsie.
Lots of distractions and set backs are part of the landscape, on the real estate horizon. Because everyone has a schedule to mesh together with the help of the agent, broker, REALTOR to coordinate it all. Make it look seamless.
It means a little talk going into the listing, the signing of a purchase and real estate sale agreement and before that during property showings is needed.
And on going to take into consideration new wrinkles or curve balls thrown at the process to deal with and adjust the pathway to the real estate closing.
If the seller gets hopping mad at the suggested listing price based on the actual value of the real estate, that is a red flag. When he, she, they shoult “not going to give it away”.
No one is suggesting letting the property go for a fraction of it’s value.
But ignoring the reality of the market value wastes time, money, and make the endeavor to sell fruitless. All for not.
If a buyer of a property listing is not in a position to buy, will not be in the future and has exhausted all the avenues to make a purchase, finding another one that has hope, promise should be the course of action.
We do get a lot of do you have any rent to own homes. Here are some of the problems with rent to own homes in Maine.
Owner financing land in Maine is common place. Because going around the reluctances of local bank lenders making a loan on land that is a not a mortgage that they can peddle on the secondary market means someone has to step in.
To offer another solution. And knowing most folks don’t have to replace a recreational piece of property. That has no mortgage lien on it to satisfy like a home often is saddled with and that needs attention before a real estate closing is going to happen.
Ready or not, is the real estate seller, the property buyer too in a position today to get the listing to an actual closing or not? If not, what are the delay factors and for how long, how hard to clear up and remove needs addressing.
To decide to cut your losses, to move on to other buyers or hang on because a real estate remedy is on the way shortly.
We all hope and monitor and continue to observe and act according depending on the twist of fate, the cards dealt in the particular property listing and sale.
The sale of a property if there is an estate to settle, a relocation transfer to maneuver with another purchase in the wings, a divorce to work through, or a vacation dream property to invest in, they are all part of the type of real estate sales we deal with as a small rural Maine real estate broker.
But is everyone ready, in a position to sell, buy, trade the real estate property listing?
To pull it off successfully.
That is always the first question of the real estate day or night to address right up front!
207.532.6573 | [email protected] |
MOOERS REALTY 69 North Street Houlton Maine 04730