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| | LLM, Harvard Law School | | | MBA-Finance and Accounting, University of Southern California | | | 12 years professional financial consultation and investment analysis | | | Former Vice President, Bank of America, Residential Real Estate Division | | | Part-Time Instructor at Golden Gate University and City College of San Fransisco | | | Top Producer consistently since 1993 | | | Diamond Club member-Prudential California Realty since 1996 | | | Chairman Circle member-Prudential Real Estate (A National Recognition) since 1997 | | | Chairman Circle-Gold, the highest recognition at the National Prudential Real Estate Level Since 2000, representing the top 3% of all Sales Associates within the Prudential Real Estate Network globally |
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Financing Your Home >Financially Qualified
Most purchase agreements allow buyers to get out of the contract if they can't qualify for a mortgage. If you are selling your home, be sure to get some reassurances before you make a commitment to buyers. Most contracts now require timely loan applications and pre-qualifying letters from the lender.
There is no way to be absolutely certain that buyers will be able to obtain financing. Real estate professionals will help buyers determine what they can afford and whether there are financing alternatives. They will also eliminate buyers who are not financially qualified. Training and experience enable them to resolve difficulties quickly to avoid wasting time.
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