Great scene from the movie Fargo: William Macy is getting pressured by the bank to provide a collateral guarantee and the best he can come up with is a verbal exclamation of "Ok, I guarantee it!" Sadly his verbal promise falls short.
Sometimes an offer comes in clean with a good price and seems tempting to accept. How can a seller know if this buyer will make it across the finish line and be able to close? Have a crystal ball? The buyer's agent won't even give a Fargo verbal guarantee.
Before you ink that contract here are some good steps to consider. Call the buyer's agent with the following questions: How do you know your client? How long have you been shopping? Have they made other offers before? What was their experience?