NO FENCE SITTERS ALLOWED

By
Real Estate Sales Representative with Gallagher & Lindsey, Alameda, California
http://actvra.in/lWl


NO FENCE SITTERS ALLOWED

 

A buyer whom I am helping find a condo has been equivocating about whether to buy now or wait.  We have looked at many condos which meet the criteria she wanted in a unit.  I have been showing her property for 1 and a half years, off and on.  Each time we meet, after a two or three month interval, she tells me she is ready to purchase now.  And each time something prevents her from making an offer.  First it was location.  She was not satisfied with the areas in which we were look. 

NO FENCE SITTERS ALLOWEDWe finally found the right area and began our search again.  After looking at some very nice units she finally tells me that she is worried that she did not have enough to put down on a unit if we found the right one.  So I asked her to consult with her mortgage broker for advice on how she should tackle this problem.

Last month she was back to start searching for the perfect condo. She was able to save more money for a down payment.  Her mother also agreed to assist her with a purchase.  After 4 weeks of looking and seeing some very acceptable unit, she finally told me she was afraid that she might lose her job.  We talked about this for some time and it turns out that her job is not threatened in any way.  She can see all sort of imagined problems that may come up.

So we sat down and had a nice chat.  We discussed all the pros and cons about buying the unit she liked best.  She had concerns about proceeding because of the uncertainty in the world now.  I asked her what was the worst thing that could happen if she made an offer on the unit she thought was a good buy.  I finally was able to allay her fears and she agreed to make an offer on a unit I believe she will be very happy owning.

 

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California Alameda County Alameda
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Tags:
reluctant buyers
buying a home

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Ambassador
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Tammie White
Benchmark Realty, LLC (615) 495-0752 or www.TWRealtyGroup.net - Franklin, TN
Franklin TN, South of Nashville
Evelyn, sometimes buyers just need that extra push. Hope this all works out.
Oct 26, 2011 12:25 AM #1
Rainer
86,481
Tamara Schuster
Naperville Glen Ellyn Lisle Plainfield Wheaton Illinois - Naperville, IL
Realtor Broker - Naperville

Many buyers need to go over all situations and I appreciate and expect too help. One thing is for certain we all need a place to live.

Oct 26, 2011 12:39 AM #2
Rainmaker
1,389,319
Tom Arstingstall, General Contractor, Dry Rot, Water Damage Sacramento, El Dorado County - (916) 765-5366
Dry Rot and Water Damage www.tromlerconstruction.com Mobile - 916-765-5366 - Placerville, CA
General Contractor, Dry Rot and Water Damage

Sounds like you worked real hard to get them off the fence Evelyn. Years from now, they will be thanking you for all your help.

Oct 26, 2011 02:10 AM #3
Rainmaker
681,436
Evelyn Kennedy
Gallagher & Lindsey, Alameda, California - Alameda, CA
Alameda, Real Estate, Alameda, CA

Tammie:  Yes.  Buyers are uncertain of the what might happen in the future.  If you reason with buyer and provide as much support and information to them and they should see that their buying can be beneficial for them. 

Tamara:  You are right about needing a place to live.  With help from me and other Realtors we can allay their fears and help them take the step which will result in the best thing for them.

Tom:  That is my hope.  I tell them about others who have finally purchased and that it was good for all involved.

Oct 26, 2011 01:19 PM #4
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Rainmaker
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Evelyn Kennedy

Alameda, Real Estate, Alameda, CA
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