Nothing Is Ever 100% Guaranteed!
When it comes to buying or selling a home, one thing remains constant — nothing is ever 100% guaranteed.
It’s important to understand that the housing market can be unpredictable and you should always be prepared
for the unexpected. Even if both buyer and seller are in agreement, there are potential risks that can arise
at any point during the process.
For example, problems can occur due to financing issues like a declined loan or high interest rate climb while
under contract. A good Lender will plan for the worst case scenario, but It’s always important to be well-prepared
and know your financial situation before entering into the market. Even when the offer has been accepted,
certain things may delay or even halt the closing process such as title issues, unexpected repairs, lack of funds,
and so much more.
When it comes to home inspection, even after the home was inspected, there can still be hidden issues or
items that might need attention down the road. Remember, last time I checked homes were built by
humans and your inspector is a human…. So things can be missed regardless of experience.
It’s important to note that there are also other factors that can affect the home-buying process such as
unexpected legislation, pandemics or other natural disasters that can suddenly arise at any given
moment which can push deadlines or even end the whole process.
When preparing for a home purchase or sale, it’s important to consider all of these possible factors
and be prepared to face them efficiently if they do occur. So No doubt it is a process that involves an immense
amount of stress and uncertainty, but being well-informed and having a good understanding of the processes
involved can make all the difference in the outcome.
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