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Real Estate-Home Buying- FREE Advice-Can Your Buyer really Afford it?

Posted By: Claude Cross | Posted On: 2009-05-22 | Article ID: 197705

As a seasoned Realtor, sometimes, you still just don't see this coming. So, for the rookies out there, I share this story:

My buyer was under contract and everything was going just as planned. Lender Larry was on top of things and closing looked to be a walk in the park. Then out of nowhere, the home buyers got the blues; worry warts started to appear. How does this happen? They had been all excited just a week ago. Ready to go!

After rooting around for the source of the remorse, I find the planted seed. In their exuberance to spread the word they found a curmudgeon-a person that likes to rain on other people's parade. Who was it?

A curmudgeon can come from any number of given sources. There are those people who have read about buying real estate and other theorists that are quick to pipe in. Then, there are the well intentioned friends who bought a home a couple of years ago, eager to tell you what to do when purchasing your new home. And, last but not least, we know some family members can't help but give your clients their sage home buying advice.

Well, it seems that an expert relative gave darth warnings about buying a home and all the supposed evil it can bring. This free advise may have little or no strings attached, however, it has the potential of making one vulnerable to misinformation. In this particular case, my clients reaction to Auntie Mame, was akin to watching a home buying horror movie.

How much does professional advise cost, you ask? The answer is: How much will it cost you, if you DO NOT use Professional Real Estate advise. In real estate, it can be 1000's of dollars-sometimes not discoverd until you go to sell the home.

Back to the story:

Sometimes it is our job to right the ship. After an hour of rehashing all of the reasons why my buyers chose this home and reviewing it's value, they began to relax. They said that the whole process had been a little emotional and were sorry about dumping their doubts on me. I told them it happens and that it is part of my job. I also told them if their relative had any questions, they should give me a call.

Is there such a thing as a well intentioned curmudgeon? Maybe....but they should have all the information before plying their trade. Beware of free advise, coming to an ear near you! There is a ton of free advise. In real estate, it's everywhere. Unfortunately, some of it may not prove to be very valuable. So here is my professional real estate advise to anyone getting ready to buy or sell a property. (and it's Free !)

Find a local Realtor(r) who has good credentials. That person will have the knowledge of the local market and the experience to advise and guide you. Going it alone, with post-it notes filled with advise, will certainly risk the outcome you desire. Trust your professional Realtor to guide you through the transaction. We have a stake in it; our reputation and livelihoods are on the line.

Tags : Charlotte NC Real Estate, Buyers Remorse, Lender, Free Advice, buying a home, Professional Advice, R

 

Article Source: http://www.articlecell.com

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About The Author
Claude Cross
Claude Cross is Broker/Owner of Homes By Cross. Serving Charlotte NC Real Estate needs since 1994. Offering No Cost Buyer Agency with Relocation Expertise.





 


 
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