Not knowing can be so disappointing not only for the seller but for the real estate agent who works for free until the deal closes.
Not knowing can be so disappointing for the buyer who has not obtained mortgage pre-approval before finding that new house only to find out they can't get the mortgage!
There are so many uncertainties in buying and selling a house or condo. The only way to minimize the unknowns is to...
- If you are a seller - prepare and price appropriate to 'your" market.
- If you are a buyer - identify your requirements and get a mortgage pre-approval first AND then shop within your budget.
- If your are a Realtor® - work hard for your client throughout the process!