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Most purchase agreements allow buyers to get out of the contract if they can't qualify for a mortgage. If you are selling your home, be sure to get some reassurances before you make a commitment to buyers. Most contracts now require timely loan applications and pre-qualifying letters from the lender.
There is no way to be absolutely certain that buyers will be able to obtain financing. Real estate professionals will help buyers determine what they can afford and whether there are financing alternatives. They will also eliminate buyers who are not financially qualified. Training and experience enable them to resolve difficulties quickly to avoid wasting time.
Sue Meservier - Meservier & Associates The Maine Real Estate Network 75 John Roberts Road South Portland, Maine 04106 34 Center Street Auburn, ME 04210 Office: 207-784-2525 Fax: 207-689-9801 Mobile: 207-576-5488 suemeservier@NUMBER1EXPERT.com email@example.com
"Today's Real Estate Professionals, Opening New Doors"
(Formerly of Keller Williams Realty Mid Maine)
is brought to you by Sue Meservier, real estate for
Auburn, Lewiston and Turner, Maine