🙋 How to Recognize a Qualified Buyer 🙋

Finding the right person can be one of the fastest ways to get your property out of the market. Check how can you recognize them.



Tip: The National Association of Realtors notes that to be considered qualified, a buyer should have at least a 20 percent down payment, additional funds to cover closing costs, a pre-qualification letter or pre-approval from a financial institution for a mortgage and a current credit score. According to About.com, it is in the real estate agent’s best interests to qualify a buyer so the agent does not waste valuable resources or a seller’s time by presenting buyers who will not be approved for a mortgage.
Source: www.reference.com

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