Our Home Buyer Wasn’t Approved for a Loan

If you’re selling a home, it’s always exciting when a buyer makes an offer that you accept. Although this is a major milestone on the march toward closing, there are many points where this deal can go off the rails—like if you find out your home buyer wasn’t approved for a mortgage.

What now?

If you find yourself in this situation, you could be thinking all hope is lost. But it turns out there are a few paths you can still take. Here’s what the experts say is likely to happen, and what you can do if you want to salvage the deal.

What Happens When Your Real Estate Agreement Expires?

If your home has been on the market for a while and you haven’t been able to sell it, you’re bound to start checking your paperwork to see when your contract with your real estate agent is up. And you’re probably also wondering just what happens when your real estate agreement does, in fact, expire.

Here’s the deal—and how to handle the situation once a real estate listing and contract have reached their end.  

Home Buyer Wasn’t Approved for a Loan—What Now?

If you’re selling a home, it’s always exciting when a buyer makes an offer that you accept. Although this is a major milestone on the march toward closing, there are many points where this deal can go off the rails—like if you find out your home buyer wasn’t approved for a mortgage.

What now?

If you find yourself in this situation, you could be thinking all hope is lost. But it turns out there are a few paths you can still take. Here’s what the experts say is likely to happen, and what you can do if you want to salvage the deal.

Front-Yard Updates Home Sellers Should Never Forget

Home sellers know that a tidy, tasteful home will catch any buyer’s eye. That’s why many people put effort into fixing up—and even staging—the interior of their home before putting it on the market and hosting open houses.

But did you know that an unkempt exterior could deter potential buyers from even setting foot in the door? That’s right. A shoddy-looking front yard could undermine all that hard work you put into beautifying the inside of your home, and that could jeopardize your chances of selling.

Read more HERE.

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