No Thank You, We're Just Looking

By
Real Estate Broker with Hiawassee, Young Harris, Hayesville, Murphy, Blairsville GA 281904 and NC 185282

Pre Approval


Given the current market conditions we made a decision a couple of years ago to focus on marketing foreclosures.  When working with a buyer who wants to look at foreclosed properties, it is a requirement that they get pre-qualified for a loan with a local lender before making an offer. In order for the process to go smoothly we ask that they provide it up front, in the beginning.     

 

All the marketing efforts we have been doing lately have started to bring in a good amount of buyers, many of whom are looking for fair market (non-foreclosure) properties.   Since we know how quickly a well-priced home can go in today’s market, we now require that ALL buyers get prequalified for a loan before we start looking.

 

We have a great relationship with a local lender who can qualify a buyer in a matter of minutes over the phone or in the office.   So, what happens when the buyer sitting in front of you says they don’t want to talk to a lender right now.  I don’t know whether it’s because we’ve been so busy lately or if we’ve just wised up and become more selective.  But, if a buyer is not willing to spend 15 minutes on the phone with a lender, I have to question if they are really interested in BUYING or if they just enjoy LOOKING.Ducks

 

So, Mr. and Mrs. Buyer please don’t be upset when I ask you to spend some time getting your ducks in a row.  I promise you’ll thank me when we find the perfect home for you and the sellers accept YOUR offer because it’s accompanied by a letter that shows YOU really can BUY their home!


Happy Buying,


Cyndi


If you’re interested in learning more about foreclosed properties in this area, please give us a call and we will be happy to send you a FREE list!



Posted by

Bill and Cyndi

 

Bill and Cyndi Daves, Associate Brokers/AREO

Coldwell Banker High Country Realty

With Five Offices To Serve You in Murphy NC and

Hiawassee, Blue Ridge, Blairsville and Ellijay, GA

Email: bill@teamdaves.com -or- cyndi@teamdaves.com

Bill Cell 828-361-9419   Cyndi Cell 828-361-9783

Fax  828-394-2384

Visit Our Website

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the clock to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Topic:
Home Buying
Location:
North Carolina Cherokee County Murphy
Groups:
BananaTude
Foreclosures
LATE NIGHT - EARLY MORNING AT ACTIVERAIN
We Are Women!
"Whacked"!!!
Tags:
get prequalified for a loan
foreclosure specialists
foreclosures in murphy nc
foreclosures in hiawasse ga

Comments 15 New Comment

Rainer
88,292
Dorian Moffat
Diamond Realty Group

No financing = you are not ready to start looking.

January 05, 2012 11:08 PM
Rainmaker
1,822,743
Barbara Todaro
"New Franklin MA Homes"
RE/MAX Executive Realty

Good morning, Bill and Cyndi.....there's no point in showing anything to anyone who has not been pre approved....

January 06, 2012 05:23 AM
Rainmaker
341,472
Bill & Cyndi Daves
TeamDAVES - Your REALTORS In the GA/NC Mountains!
Hiawassee, Young Harris, Hayesville, Murphy, Blairsville

Karen - That's an excellent idea!!!  Not having a preapproval letter is like going to buy groceries and leaving the checkbook at home.  Of course, we HAVE  had people come in from out of town to make an offer on a house and not bring a checkbook to make their earnest money deposit.

Dorian - Totally agree!

Barbara - It's a total waste of time -- theirs and ours!

January 06, 2012 07:19 AM
Rainmaker
507,129
Wayne Johnson
San Antonio REALTOR, San Antonio Homes For Sale
Coldwell Banker D'Ann Harper REALTORS®

Getting some to do a preapproval is sometimes tougher than getting those ducks in a row.

January 22, 2012 10:25 AM
Rainmaker
341,472
Bill & Cyndi Daves
TeamDAVES - Your REALTORS In the GA/NC Mountains!
Hiawassee, Young Harris, Hayesville, Murphy, Blairsville

Wayne - I have asked clients if they would go to do their weekly shopping at the local supermarket without their checkbook, cash or credit card.  Likewise, why would you go shopping for a home without knowing if you could pay for it!

Cyndi

January 22, 2012 10:46 AM
Rainmaker
341,472

Bill & Cyndi Daves

TeamDAVES - Your REALTORS In the GA/NC Mountains!
Ask me a question
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the scissors to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information

var _clustrmaps = {'url' : 'http://activerain.com/blogs/cdaves', 'user' : 943142, 'server' : '4', 'id' : 'clustrmaps-widget', 'version' : 1, 'date' : '2011-10-16', 'lang' : 'en', 'corners' : 'square' };(function (){ var s = document.createElement('script'); s.type = 'text/javascript'; s.async = true; s.src = 'http://www4.clustrmaps.com/counter/map.js'; var x = document.getElementsByTagName('script')[0]; x.parentNode.insertBefore(s, x);})();Locations of visitors to this page