My deal is falling out of escrow, is it time to give up?

How do I get more showings for my house?

Today Kristin LaVanway and Dean Ouellette of the East Valley Team talk about what you should do when it looks like your deal is dead.

In today’s East Vally real estate market, it is getting harder to close real estate transactions. There are so many problems that can arise during escrow that everyone involved may feel the urge to just give up.

It is this kind of market where the tough get it done. A good real estate agent is not afraid to tackle the challenges, in fact, they feel it’s a normal part of the process. As a buyer, your best defense is a solid position with regards to your mortgage loan – work with the guys that can get it done! – and good communication with all the parties involved in the transaction.

When things look bad we like the philosophy don’t tell me it can’t be done, tell me how we are going to do it. We are problem solvers and managers. We need to manage the transaction to keep problems to a minimum, but then the problem does arise it is our job to get it done.

The East Valley real estate market is challenging, especially for first-time home buyers who are not used to it. Don’t give up on your dream home easily. When a problem arises ask your lender and your agent what are we going to do to fix it, and don’t take now for an answer. When you hear “no” what they are really saying is “know” as in we don’t know all the information to make an informed decission.

Don’t give up! It will be worth it in the long run…

Thanks to Shane Hollenback for having my back during out “lent loan” conversation.

Let us know your thoughts


Comments

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  1. [...] during these real estate deals with the dysfunctional real estate market we are now experiencing.  SO MANY DEALS ARE CANCELLED during the escrow period due to due to financing difficulties, multiple offers or inspection problems, that many [...]

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