1. Buyer requests financing from seller
While seller financing can make sense in some situat9ions, it is not for everybody. You will want to be concerned with how much money the buyer will be placing as a down payment. Obviously, the more you loand them, the higher your level of risk. Consult your accountant to sxee how providing seller financing might affect you when tax season comes around.
2. Early Occupancy
Each case is different,m but in general it is not wise to allow a buyer to mive into your property prior to a full closing. There are always things that the buyer might not like after moving in, and then refuse to close. If you are going to allow this, make sure you have consulted your attorney about drafting a lease prior to letting your buyer move in before closing. Otherwise, you might jeopardize your rights in case you would need to have the buyer removed from the property at a later date.
3. Guest Registry
Showing your property to prospective buyers without having them register their names and other info is very risky. You have a right to know whom you allow into your home. Simply leave a sign-in sheet visible and ask everyone who sees your property to fill it out. This way you can follow up with them later if your price changes, or should there be any cases of theft. You can then provide the police with a list of visitors to your property.
4. Get it in writing
Don't accept a buyer's offer without a written contract. In Florida, a contract for sale is only valid if placed in writing and executed by the parties. Some buyers will encourage you to trust their word. There is absolutely no reason not to have yoru contract in writing.
IF YOU HAVE ANY QUESTIONS OR CONCERNS ABOUT SELLING YOUR PROPERTY YOURSELF, GIVE ME A CALL!
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