It’s a long way from accepting a contract to selling your home

Translate this page
Smiling man shakes hands with real estate agent while man's wife looks on.

01/23/2015 | Author: Marty Kramer

You accepted a buyer’s offer on your home? Congratulations! Now put down the champagne. There’s work to be done. Lots of work, if you want the deal to close.

Many sellers are surprised when twists and turns occur during their transactions. The buyer’s inspector may uncover serious problems you didn’t know existed—or maybe not-so-serious problems that still put a wrinkle in the process. The buyer could have difficulty getting financing or might just get cold feet. Those examples barely scratch the surface.

Thankfully, when you hire a Texas REALTOR®, you have a professional working for you who knows how to deal with all the sticky situations that may arise. Texas REALTORS® understand how to get from an accepted contract to a done deal. Then it will be time to pop the cork on that champagne. 

Categories: Sellers, Renters
Tags: sellers, selling


Comments

Anna Lee Trinidad on 01/28/2015

Additionally, for things to go well during the transaction, there are also 192 critical steps that need to happen before the home sells. There is also that list.

jennifer on 01/28/2015

Here is a short version of the uRL because it appreas that other one isn’t showing up properly on my phone:
http://tinyurl.com/kh99bqa

Jennifer on 01/28/2015

http://www.mortgagesbythebay.com/Forms/Types of Turbulence.pdf

Jennifer Parker on 01/28/2015

i was curious about the list that Greg referenced too…here is what I found: http://www.mortgagesbythebay.com/Forms/Types of Turbulence.pdf

Greg Foster on 01/28/2015

Several people have posted requests for the list of 88 Turbulence I mentioned, but only a couple posted their emails so I could send. Here is my email so you can direct to me for reply.  .(JavaScript must be enabled to view this email address)

Carrie Gallagher on 01/28/2015

Greg,  I would love to have the list as well! I just had this convo with a client. It would be so nice to have the list! Thank you in advance for sharing! .(JavaScript must be enabled to view this email address)

Alex Vanegas on 01/27/2015

Hi Marty,

I would love to have the list.

Thanks!

Alex Vanegas

Diane Sanders on 01/27/2015

Greg, WOW, I too, would be grateful to you if I could have a copy of that list—I think I have encountered all 88 but can’t remember them!

Jennifer Key on 01/23/2015

Greg,  I will be forever grateful if you would share that list with me!  .(JavaScript must be enabled to view this email address). Thanks in advance

Marty Lanier Hoag on 01/23/2015

Examples of just some dicy contract-to-close scenarios REALTOR MartySellsHouses.Com with REMAX has seen include: disputing spouses, unresolved estate and divorce issues, overly picky and unsure buyers, liens, hidden credit issues, and more! Because we bring our experience and creative problem solving to the table, more often than not, we can work around the issues to successful closings for our sellers (and buyers).

Greg Foster on 01/23/2015

Years ago I got a list of 88 things that could possibly go wrong with a transaction, referring to them as “turbulence” as in an airplane ride that the pilot must deal with.
I review these with sellers when I take the listing and again when we get a contract. It helps prepare them and helps them understand the value I bring to a transaction in dealing with these to get a closed transaction.


Leave a Comment

Read our commenting policy



advertise with us

Legal disclaimer

The material provided here is for informational purposes only and is not intended and should not be considered as legal advice for your particular matter. You should contact your attorney to obtain advice with respect to any particular issue or problem. Applicability of the legal principles discussed in this material may differ substantially in individual situations.

While the Texas Association of REALTORS® has used reasonable efforts in collecting and preparing materials included here, due to the rapidly changing nature of the real estate marketplace and the law, and our reliance on information provided by outside sources, the Texas Association of REALTORS® makes no representation, warranty, or guarantee of the accuracy or reliability of any information provided here or elsewhere on texasrealestate.com. Any legal or other information found here, on texasrealestate.com, or at other sites to which we link, should be verified before it is relied upon.

Welcome to Advice for Consumers

Browse these posts for tips on buying, selling, and leasing property.


Popular Posts

Don’t be fooled by these 3 selling myths

2 scams to avoid when buying a home

10 reasons to love Texas real estate


Categories

Tags

texas news  technology  tech tips  selling  sellers  research  repairs  renters  property management  negotiation  marketing  market news  legal faq  legal  leasing  in lehman's terms  homebuyers  governmental affairs  forms  disclosure  contracts  consumers  buying  buyers  advertising


Archives

Full Archive