Another home Sold in Laurelwood Townhome Community. This one took just a little longer to sell not because we lacked buyers looking at the home but many buyers were just not qualified. This community for some reason has a lot of homes go pending then in time they were put right back on the market. The reason? Buyers were just not qualifying for their loans even though they were pre approved but not approved. In real estate this happens more than you would think.
We went through four offers but before we accepted any offer and open escrow we had my well qualified lender review each offers loan qualifications before we would except. This was not a good experience for the buyers and their agents who did not qualify because not one of the four were approved from our lender which was hard for all but in the end we are looking out for the best interest of our seller. The seller understood that we didn't want to waste time with a buyer who seemed to qualify even though they were working with an agent but that doesn't mean anything in this market. It's all about the financing. Well in the end we got an offer that qualified for the loan and we closed on time.
This listing came from a referral right across the street from the last home we Sold. If your interested in buying or selling a townhome in Laurelwood please give me a call. This townhome was my second home sold out of 3 listings in the Laurelwood community so far
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