Top Ten Things to Tell your Buyer after Offer is Accepted!!

By
Real Estate Broker/Owner with San Antonio Real Estate Agents with Keller Williams Cityview 600636

 

Top Ten Things to Tell your Buyer after Offer Is Accepted

I can’t tell you how many times I have gone over this list – I am still flabbergasted that even AFTER going over this many times, we have buyers that FORGET and do one or more of the following things.  And it jeopardizes their ability to buy a home so take heed and past it on!!

1.       Do not get a loan for a car (any car!!!)

2.      Do not buy any furniture on credit (even if it’s interest free!)

3.      Do not CHANGE jobs! 

4.      Do not CHANGE your work habits and hours

5.      Do not freak out the evening you have your offer accepted – it is normal for you to get freaked out when lying in bed wondering if you made the right decision thinking to yourself -oh my what did I do!

6.      Do not CHANGE your career if you absolutely have to get different job.  Make sure it is in the SAME field you are currently working in.   

7.      Do not QUIT your job (that is different than ‘changing’ jobs mind you)

8.     Do not freak out when reading a Home Inspection Report – Sometimes they look like the house should be condemned but that is normal

9.      Don’t apply for any new types of credit (credit card, loans etc) other than your HOME LOAN

10.   Do not take our or deposit huge sums of cash close to closing date

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Ambassador
612,798
Janna Scharf
Keller Williams Realty Coeur d'Alene - Coeur d'Alene, ID
Coeur d'Alene Real Estate Pro
Great list, many a deal has gone south because unsuspecting buyers weren't aware these actions could torpedo their purchase!
Sep 22, 2012 02:37 PM #1
Rainmaker
146,119
Mike Reyman
Berkshire Hathaway HomeServices Fox & Roach Realtors - Media, PA
Delaware County Real Estate

 A great list!  And don't forget the most important one, call you Realtor BEFORE you do anything stupid!

Sep 22, 2012 02:50 PM #2
Rainer
310,860
Wandanna Melliphant
Royal Lepage Credit Valley Real Estate Brokerage - Mississauga, ON
A Name Real Estate Investors Trust and Recommend

Hi,

Thanks for sharing this great list.

It's always a wonder that after going over all these specials conditions multiple times that they still one in; maybe the most popular ones are buying new furniture or a new car to go with the new house. I recently cautioned one of my clients that wanted a Mercedes Benz :)

 

Sep 22, 2012 03:10 PM #3
Rainmaker
1,767,177
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Great list!  I just went throiugh my list which is very similar with a client that just got his offer excepted.

Sep 22, 2012 05:12 PM #4
Rainmaker
177,830
Greg Large
ERA Real Solutions - Grove City, OH
Quite Simply, A Better Way

Excellent list - thanks for sharing.

Sep 22, 2012 05:55 PM #5
Rainmaker
1,023,336
Kevin B. Tolbert PA Team
Keller Williams Realty of Port Saint Lucie - Saint Lucie West, FL
New Home Construction and Luxury Specialist!

Let's add a new from experience of 3 deals this month not closing...

For CASH DEALS, minimum of 10% down, and another 40% after all contingencies are finished. 

Then your buyer may have a lot to think about prior to walking away at closing.

I have taken 3 deposits of only $1000 this month because cash buyers got remorse at the end. 

It won't happen again.

Sep 22, 2012 06:08 PM #6
Rainer
54,577
Monique Keith
Keller Williams Realty Sonoran Living - Ahwatukee, AZ
Ahwatukeenulls Favorite Realtor, Buyers Agent with The Mike Mendoza Team

Great list John! Thank you for sharing. I like the part about the home inspection, I'll have to remember that line next time. Have a great week!

Sep 23, 2012 10:35 AM #7
Rainmaker
91,556
Christy Walker
Christy Walker & Associates - Cornelius, NC
Christy Walker & Associates

Great list! I think I need to incorporate this list and have them sign it!

 

Thanks for sharing.

 

Lisa Smith, Buyer Specialist

 

Sep 27, 2012 07:26 AM #8
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Rainmaker
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John & Irma Nelson

San Antonio Real Estate Agents - San Antonio Homes
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