Ben Kruger was a listing agent on a property that received eight offers the first week, some financed and some all cash. The all-cash offers had lengthy inspection windows. "An agent representing a financed buyer reached out to me, explained that their buyer was very serious and asked if they could complete inspections before their submission of an offer," says Kruger, a Beverly Hills, Calif.real estate agent. "My seller agreed, and the buyer completed a general inspection, chimney inspection, foundation inspection, sewer line inspection and HVAC inspection.
" The buyer then submitted an offer with no inspection contingency. The seller accepted the financed the offer, even though it wasnt the highest offer or an all-cash offer. "From my seller's point of view, this buyer had shown a who gives personal loans commitment to the property and a strong desire to close," Kruger says.
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Education Center. Have you been called by someone claiming you have defaulted on a loan and will face criminal prosecution unless you immediately wire them the money. It is probably a scam. Have you been called by someone claiming you have been pre-approved for a loan and all you have to do is send 150-300 for a processing fee.
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