10 Questions you Need to Ask Today's Buyers

Lisa,

You are right.  That is another good one to explain.  There are so many things we need to remember.  Taking education courses keeps you fresh on these skills.

Have a good day.

Kelly

Mott,

Thank you.  Yes, of course.  The list can get quite long.  These were just starters that I shared from a course I took today.

Thank you.

Hi Cindy,

The buyer pool has gotten smaller due to the requirements and tightening of funds now.  However, I live in a Military Town and we just got the F35 approved for our area.  The military is all around the Panhandle of Florida and helps to sustain the economy here.  The banks love to loan VA, FHA, USDA and 203K loans because all of them are government back loans and less risk to the banks.  We do a lot of these here.  USDA is great if you are in a rural area and I believe you are in Lawrenceburg, KY if I remember right.  It is 100% financing.  Team up with a mortgage lender who can explain the benefits of this program to your buyers.  On top of that our military are required to handle their funds appropriately so they almost always have a good credit score.  Where buyers are getting into trouble is with conventional loans requiring a very good credit score of 720 or over and a good down payment.  Reminds me of when I first bought my home and put 20% down, had a good credit score and paid gladly 14.35% to the bank.  Am I dating myself a bit.  It isn't so bad now.  Just all how you look at it.  Have a nice evening.