The problem with short sales is they take forever.
The problem with buying a foreclosure is it takes forever.
The problem with a lease-purchase is it takes forever.
Circumstances change for both buyers and sellers, so when you’re ready to make a move try to do it efficiently, honestly, and quickly! Gary Waters of Viera Rockledge, Florida tells why,
- People with jobs sometimes lose jobs or get their hours reduced.
- People with mortgages sometimes go out and do something to kill their mortgage approval (like new credit card, new car, etc.).
- People who are going to pay cash sometimes have things come up that takes their cash.
- People change their minds and decide to walk even if they forfeit a deposit.
All too true. Close as quickly as your mortgage lender and underwriter allow you to do it!
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