Examples of red flags in home offers and what avoiding them will save you.
Do you want to save time and money when you receive an offer on your home? Of course, you do! In my experience, if you want to make this process easier, there are certain red flags you need to look for when going through offers.
Some red flags include: If they don’t have a preapproval letter, if they don’t have proof of funds, if they can’t put at least 3% down, if they want more than three weeks for the inspection period, if they want more than 30 days for contingency removal, if they’re a cash buyer but sending an offer with a 30-day escrow, and if their agent submits the offer via fax.
All of these red flags typically indicate that problems are ahead, money will be lost, and time will be wasted. However, I’m here to help you stay educated and avoid these issues. If you have any questions or want my help, call or email me anytime. I would be honored to help you obtain a fast sale for top dollar.
