You may remember the suspense of this game show.  Contestants use knowledge, skill and chance to make deals based on undisclosed monetary amounts in a briefcase.  Just when you think a contestant is going to make a decision, a banker enters who offers a tempting cash amount in exchange for the briefcase.  The contestant must then decide, “Deal,” or “No deal!”  Suspense builds again, and once the decision is made, you are either cheering for the winning contestant or empathetic for the contestant who got a bad deal.

While it is fun to have this kind of suspense in a game show, in the game of buying or selling a house, suspense is NOT supposed to be a part of the bargain!  That’s why you need an expert to guide you through the beginning of your home buying or selling process all the way until the settlement table (and beyond).  This is especially important considering that the number of contract failures has quadrupled since August 2010 (see infograph below--(compliments of Keeping Current Matters).  


When you don’t have a real estate expert to help you navigate through the home buying/selling process, the chances of having the contract fail greatly increase.  

There are two true statements about families who enter into a contract to buy or sell a house:

1.  The seller wants to sell the house.
2.  The buyer wants to buy the house.

In order for these things to occur, a transaction must be completed.  When you don’t have a real estate expert to help you navigate through the home buying/selling process, the chances of having the contract fail greatly increase, and closing transactions has become even more challenging in today’s market.  In a report by the National Association of Realtors (NAR), they announced that one out of every three home buying contracts in October never even made it to the settlement table due to:

“… declined mortgage applications, failures in loan underwriting from appraised values coming in below the negotiated price, or other problems including home inspections and employment losses."

​There are no guarantees that you won’t face some challenges during the process.  However, the best mortgage professionals and the best agents eliminate all “chance” from the transaction and apply their knowledge and skills to manage the expectations of all parties involved.  So, at the end of the transaction, you can walk away saying, “DEAL!”

We are proud to serve as experts in this field.  If you or someone you know could use a real estate expert, give us a call today.  We are honored to serve you and those you know!

Committed to helping you Buy. Sell. Live. SMART!

Seth & Alyce

“Why You Need an Expert--Part II.”  The KCM BLog.  Ed. The KCM Crew. 22 Nov. 2011. Keeping Current Matters.  22 November 2011. <http://www.kcmblog.com/2011/11/22/why-you-need-an-expert-%E2%80%93-part-ii/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+KeepingCurrentMatters+%28The+KCM+Blog%29>.