Business Builder Blog
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It is never fun to have a buyer of your listing back out because their loan fell through. Usually this can be prevented by more carefully scrutinizing the pre-approval. See below for several questions to ask of the buyer’s lender....
It is always a great idea to personally call a buyer's lender before accepting their offer on your listing.
Here is a checklist of questions to ask:
We would suggest asking each question, and then quietly listening. Often times a lender will elaborate. If there is hesitation or you don’t feel 100% comfortable with any response, use this as a warning!
HOW YOU CAN USE THIS:
Contact us any time with questions...we’re here to help grow your business!