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Denver Home Sellers: Beware The Desperate Buyer
The Denver housing market, like many in the country, is coming around with a vengeance. As some predicted, there are suddenly lots of people wanting to buy but still not a whole lot of available homes for sale.
This classic case of demand exceeding supply has many Denver home buyers making desperate moves to ensure that they get the home they want. Unfortunately, these actions generally end up creating more problems for both the buyer and the seller.
If you're planning to sell your Denver home, here are some scenarios that will start off looking great but could possibly leave you in a difficult situation.
Willing to Buy Sight-Unseen
In today's busy and competitive market, a home might be listed and be snapped up within a matter of days. To win their prize, some desperate buyers are making offers without ever actually seeing the home.
The offer states that the sale is contingent on the buyers visiting the home within a certain time period. However, when the potential buyer finally sees the home and decides he doesn't want it, everyone has lost time and potentially some money.
Unless the property you're selling is currently occupied by a renter who isn't ... more
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