Here’s a tip for Buyers on a type of home seller to avoid. If the Seller for the property you are interested in exhibits these characteristics, either take proactive steps to address issues or steer clear of the transaction altogether.
- The Seller is present at the initial showing of the home. If this is the case and you love the home, take the extra precaution to see the home one more time, requesting that the Seller not be there, before submitting an offer. Don’t talk to the Seller if you can avoid it. You are there to see the home, not talk to the Seller about it.
- The Seller seems to be present at the inspections. It isn’t always easy to have the Seller leave the property during the inspection process but make the attempt to get them to do so. Especially, if you plan on reviewing the inspection findings at the end of the inspection, make sure that you can spend quality time really going over the results of the inspection and also tour the home with a more careful eye. As well, as the inspectors if the Seller talked to them and what they talked about.
- Watch for the word ‘new’ and ‘newer.’ Make sure you clarify the timing for anything deemed ‘new’ or ‘newer.’ You may find that the Seller has a different definition of what i s new or newer than you do.
- There are inconsistencies on the disclosure statement. Clarify anything that doesn’t make sense until you are satisfied.
Overall, you want to be sure that the Seller is not trying to influence the process in any way here, especially as it relates to your ability as a buyer to see the home under closer scrutiny.
It’s not so much as the Seller very clearly trying to influence the process so much as the buyer not being distracted from really getting a solid feel for the property, any potential issues, and the overall value of the property. Buyers should stay focused and alert.
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{ 4 comments… read them below or add one }
Fantastic advice. I have arrived to show a property and if the owner is there I will reschedule for a time when the house is vacant. If they are their again, a scratch the house. Buyers will not look if they are intimidated by the owners.
The first step is very important. Never make a decision without making a 2nd visit (without talking to the seller as he will most likely try to convince you that the house is 100% OK without showing you its flaws because, let’s face it, 90% of all homes for sale have at least a couple of minor flaws).
Buyers should be wise enough to pick who they are dealing with, Trust only the legit one’s.
When you are buying a new homes, you should always double check the house, never rush things. It will be your house for years to come so be Wise