Is Cancelling Escrow Really Best Options for Buyers??
So buyer secured a probate listing with purchase price of $1,100,000
Our appraisal come in for $1,160,000
Buyer requested a seller credit of $50,000 due to property conditions after the appraisal.
Seller only willing to give for $10,000 credit instead.
So Buyer decided to cancel this escrow and the buyer agent already notified the listing agent with an Email of notice of cancellation escrow.
So, If you are a Listing agent or Selling agent, or if you are a Mortgage Lender, what would you do in this situation?
Well, Here’s what we did as a Lender, not only did we save a transaction for the Seller & buyer, we also Clear to Close this purchase loan for only 12 days!
Check our video below and see how we changed buyer’s mind from canceling to eager to close this escrow?
Happy Clients & Happy Partners!!
Joann Wong Mortgage Group
http://www.JoannWongMortgage.com
Our appraisal come in for $1,160,000
Buyer requested a seller credit of $50,000 due to property conditions after the appraisal.
Seller only willing to give for $10,000 credit instead.
So Buyer decided to cancel this escrow and the buyer agent already notified the listing agent with an Email of notice of cancellation escrow.
So, If you are a Listing agent or Selling agent, or if you are a Mortgage Lender, what would you do in this situation?
Well, Here’s what we did as a Lender, not only did we save a transaction for the Seller & buyer, we also Clear to Close this purchase loan for only 12 days!
Check our video below and see how we changed buyer’s mind from canceling to eager to close this escrow?
Happy Clients & Happy Partners!!
Joann Wong Mortgage Group
http://www.JoannWongMortgage.com