Before Your Lafayette Listing Appears Take 2 Financial Steps

Dated: 06/19/2018

Views: 195

In a fast-moving market, sellers can be caught off-guard when their Lafayette listing turns into an unexpectedly quick sale. That might sound overly optimistic, but most people who are preparing to list their homes are so focused on preparing the property that they put off worrying about what happens once Job One is accomplished. Yet the downside to being caught unprepared can lead to awkward (and expensive) consequences.

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 Getting the place ready for the listing photos—and after that, preparing for the first showing or open house—tends to command a lot of attention. It’s no surprise that many an average Lafayette home seller doesn’t see the need to focus on what will happen after the sale. But a “that’s the kind of problem I hope to have!” attitude is a misstep—particularly when it comes to the financial details.


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Prudent Lafayette Sellers Prepare Financially before Listing

This is particularly true for sellers who plan on an immediate move to their next house—either one you already have your eye on, or one you plan to seek out once you find a buyer for your current Lafayette home. It’s easy to be lulled into complacency since common sense would seem to indicate that financing your future residence will be a snap. After all, any existing loans will be paid off at closing, a substantial amount of extra cash will become available at the same time, and your credit score should reflect those admirable financial accomplishments including a happy ending for the last home loan lender. How could there possibly be a hitch when it comes to financing a new place?

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Ted Daigle

About Ted Daigle – Realtor Having the right real estate agent means having an agent who is committed to helping you buy or sell your home with the highest level of expertise in your local market. T....

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