Wednesday, February 10, 2010

When the House of your Dreams is Sold to Someone Else

Buyers-  
That night you're dreaming about the home. You toss and turn, thinking about how you will arrange your furniture, which color you might paint the bedroom. The next morning your agent calls to say the house has been sold to somebody else.


How did that happen? You're astonished, then angry, and later, depressed. You wonder if the seller had a buyer in his back pocket all along. How did you get deceived?


You weren't. What typically happens -- and I can't explain why -- is the minute you want to buy a home, so do three other people. It's extremely common for the seller of a dated and neglected listing to suddenly receive two, three or more offers, all within minutes of each other.


Here's what you do next time: Put down a large intial deposit more than 5k please! Do not ask for anything extra from the seller like cleaning the carpet or hauling unwanted furniture,  Sign all the disclosures right away and completely. Ask the other agent what is the most important thing to the seller and then deliver.
 
For more call me at 714/469-6217 or visit my website. Sign up for my monthly Newsletter and lets get you that Big Bear mountain getaway!

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