How to Make Sure a Home Buyer is Legitimate

How to Make Sure a Home Buyer is Legitimate

One thing you have to worry about when you are selling your home is the potential that you might get scammed. To avoid that problem, you want to make sure that you only work with legitimate home buyers. There are a few things that you can do to help ensure that the home buyer you are working with is legitimate and that the sale of your home will be able to successfully go through.

How to Make Sure a Home Buyer is Legitimate:
Work With an Agent

One of the best things you can do to help yourself ensure your home buyer is legitimate is to work with a realtor you trust. Realtors and real estate agents have a lot of experience in the field, and they have a good idea of what to look out for as red flags. Talking with them and using their expertise will help you to choose a buyer that is legitimately interested in your property. That can save you a ton of trouble, time and money that you could have wasted if you were scammed.

Make Sure They Have the Money

Next, you want to make sure that the buyer has the money for the loan. The main way to check for this is to look for either a cash offer or evidence that they have been approved for a loan. Cash buyers should have no issue proving that they have the funds, and any serious buyer who is taking out a loan should have an approval letter from their lender. If a buyer can’t show you proof that they have approval or the cash, you should move on to a new buyer.

How to Make Sure a Home Buyer is Legitimate:
Require Earnest Money

One of the best tools available for determining a buyer’s seriousness is earnest money. Earnest money is a small portion of the down payment that shows that the buyer is invested in purchasing your property. If a buyer refuses to pay their earnest money, it is a serious red flag that you need to be on the lookout for. Your realtor should be able to help with this portion and the amount of earnest money the buyers need to pay will be in the contract.

Protecting yourself from scams and buyers who might waste your time is important. With a good vetting process, you can make sure that you are working with a qualified buyer. That will make the process a little easier and less stressful for you.

Check out this article on situations that can hold up a real estate transaction!

 Steelbridge Realty LLC  is a Licensed Real Estate Brokerage that utilizes cutting-edge marketing techniques and data-driven Real Estate solutions in today’s ever-changing environment. Our group of professionals have decades of experience and have navigated through many business cycles. Our diverse background gives us the tools to guide people towards successful decisions.

 



 

$5,800,000
Land For Sale
Active
1.3945
ACRES
LEE
COUNTY
1215 & 1233 Braman Ave
Fort Myers, FL 33901
Fort Myers Subdivision
$15,950,000
Single Family Home For Sale
Active
4
BEDS
9
TOTAL BATHS
10,033
SQFT
1240 Coconut Dr
Fort Myers, FL 33901
Palm Gardens Subdivision
Price Change - 2 weeks ago
$885,999
Single Family Home For Sale
Active
3
BEDS
3
TOTAL BATHS
3,467
SQFT
1249 Osceola Dr
Fort Myers, FL 33901
Riverside Subdivision
$2,290,000
Single Family Home For Sale
Active
3,230
SQFT
3752 Harold Ave
Fort Myers, FL 33901
Fort Myers Subdivision
$599,000
Single Family Home For Sale
Pending
3
BEDS
3
TOTAL BATHS
2,503
SQFT
1362 Braman Avenue
Fort Myers, FL 33901
Becklers Riverside Add Subdivision
Listing courtesy of Sara Kyle of NEXTHOME ADVISORS
$1,875,000
Single Family Home For Sale
Active
4
BEDS
4
TOTAL BATHS
4,684
SQFT
3232 Mcgregor Blvd
Fort Myers, FL 33901
Riverside Subdivision
New Listing - 5 days online
$335,000
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
2,109
SQFT
1420 Moreno Ave
Fort Myers, FL 33901
Mcgregor Estates Subdivision
$6,000,000
Single Family Home For Sale
Pending
5
BEDS
5
TOTAL BATHS
7,719
SQFT
2844 Valencia Way
Fort Myers, FL 33901
Lynns Add Subdivision
$479,000
Single Family Home For Sale
Pending With Contingencies
3
BEDS
4
TOTAL BATHS
1,784
SQFT
1414 Alhambra Dr
Fort Myers, FL 33901
Fort Myers Subdivision
$569,000
Single Family Home For Sale
Pending With Contingencies
3
BEDS
2
TOTAL BATHS
1,903
SQFT
1353 Sunbury Dr
Fort Myers, FL 33901
La Chelle Manor Subdivision
New Listing - 5 days online
$524,900
Single Family Home For Sale
Active
3
BEDS
3
TOTAL BATHS
1,720
SQFT
1334 Sunbury Dr
Fort Myers, FL 33901
La Chelle Manor Subdivision
$199,900
Land For Sale
Pending
0.19
ACRES
LEE
COUNTY
1461 Barcelona Ave
Fort Myers, FL 33901
Fort Myers Subdivision
Price Change - 4 weeks ago
$2,795,000
Land For Sale
Active
1.1381
ACRES
LEE
COUNTY
1301 Poinciana Ave
Fort Myers, FL 33901
Poinciana Park Subdivision
Price Change - 4 weeks ago
$499,900
Single Family Home For Sale
Pending With Contingencies
6
BEDS
3
TOTAL BATHS
2,925
SQFT
1473 Barcelona Ave
Fort Myers, FL 33901
Valencia Terrace Subdivision
$950,000
Single Family Home For Sale
Pending With Contingencies
3
BEDS
3
TOTAL BATHS
2,898
SQFT
1436 Cordova Ave
Fort Myers, FL 33901
Fort Myers Subdivision
New Listing - 4 days online
$659,900
Single Family Home For Sale
Active
4
BEDS
2
TOTAL BATHS
2,306
SQFT
1542 Olmeda Way
Fort Myers, FL 33901
Allen Court Subdivision
$389,000
Single Family Home For Sale
Pending
3
BEDS
3
TOTAL BATHS
1,540
SQFT
1573 Maravilla Ave
Fort Myers, FL 33901
Allen Park Subdivision
$969,000
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
2,153
SQFT
1433 Lynwood Ave
Fort Myers, FL 33901
Fort Myers Subdivision
New Listing - 2 weeks online
$450,000
Single Family Home For Sale
Pending With Contingencies
3
BEDS
2
TOTAL BATHS
1,318
SQFT
1629 Maravilla Ave
Fort Myers, FL 33901
Country Club Homes Subdivision

 

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