Get Your Buyers into a Buy-Ready Position

As everything in our world seems to be moving at a high rate of speed these days, some buyers may be overconfident that when they go to apply for mortgages and look for homes, everything will fall into place.

While this is often the case, there are just as many buyers who have either misjudged how much income they need, the assets they need, or both.

Then there are other surprises that can come up, such as on a credit report, where there are items that are either incorrect or items that shouldn't be there at all.

All of the above items can be addressed, but the missing part of the equation here is the time it will take to do it.

Credit reports, provided the information is truly incorrect, can be remedied in a relatively short period of time. Assets can be accumulated, and purchase prices can be adjusted to fit a specific income.

The idea here is to be ahead of the process and to take the surprises out of any of this, meaning to properly set your clients' expectations.

Buyers, specifically first-time home buyers, are often intimidated enough already by the thought of something going awry in the home-buying process (specifically late in the process) that could cause their deal, and their home purchase, to fall through.

Let GenNEXT Funding be the financial advisor and advocate for your buyer, making sure that if they do need extra time to get where they need to be, We'll get them there. Have them contact us today. Call 732.238.1101 or email [email protected].