Example of how frustrating it can be to buy a home these days
In our office recently we had a buyer buy a home on a golf course near Brighton.
The home was actually a foreclosure and a very good deal compared to other homes in the area, but, dealing with a lender selling a home can be very frustrating!
In this example it took 3 weeks to get a signed purchase contract back from the lender, after the buyer and lender had come to terms.
This set the timing for everything else way behind and the result was a fairly stressful last week. This was particularly true since the buyer was selling their old home and their buyer wanted to move in right away.
So the learning point is: If you are buying a foreclosure be prepared for delays and an unresponsive seller!
If you would like more information you can call us at 734-662-6240 or visit our office website at Home Buyer's Agent
And good luck on the house hunt!
Labels: Brighton Exclusive Buyer's Agent foreclosure negotiation