Basically, all home sellers want three things: 1) A great offer, 2) From a qualified buyer and 3) A deal that will close quickly with no headaches.
That’s the perfect scenario. But price is not always the most important of the three. Because a “great offer” that falls through at some point before the closing is a significant hassle that sellers want to avoid if at all possible.
As a buyer, you can’t control other buyers’ bids and many buyers have been outbid on multiple houses. But you absolutely can control your own preparedness.
Two things every homebuyer can do to help themselves …
1) “Get a high-quality pre-approval letter showing your credit, income, employment and assets are Satisfactory,” says Canton Co-operative Senior VP & Chief Lending Officer Stan Taylor. “What you want is a pre-mortgage application run-up that lets you clean up any issues – something that will show a REALTOR® and their seller that you are very likely to qualify for mortgage.”
2) “And choose your lender carefully,” according to Canton Co-operative AVP & Director of Residential Lending Bela Vasconcelos. “REALTORS® are very blunt. They want deals that will close quickly with no hiccups. They absolutely want to see that a buyer is pre-approved and they want that pre-approval to come from a lender they know and trust to get the financing done. It’s that simple.”
Which is exactly what homebuyers get at Canton Co-operative Bank – a true pre-approval letter from a trusted local lender that give REALTORS® and sellers confidence in you. Could that make the difference to you getting that home? It has happened! Come see us or call 781-828-8811 x4.
Canton Co-operative – a bank customers like, a bank you can trust – since 1891.
Canton Co-operative Bank is located in downtown Canton at 671 Washington Street, Canton, MA 02021. The main phone number is 781-828-8811.
NMLS #721437 Stan Taylor NMLS #774747 Bela Vasconcelos NMLS #582849