Home Forums Real Estate Home buying FINANCIAL INFORMATION SHEET?? Reply To: Home buying FINANCIAL INFORMATION SHEET??

I have bought a few properties personally and also am an agent. I have done deals where Listing Agents ask for Buyers Qualifications and have done deals without. I don’t think you need a new agent because this is a typical situation that can come up. However, if I was your agent I would explain to you that we don’t “have-to” submit that sheet. I would explain that the seller is asking for it but we have the freedom to decline and present in other ways. Sometimes a large “ernest money deposit” can quell all fears the Listing Agent may have. In addition, having a quick contingency periods can also quell fears. Also a strong lender with a good local reputation can endorse you to seller’s agent. In my opinion, this is where having a good negotiator on your side makes the world of difference. It’s all about presentation and structuring a deals and most importantly building “trust” with the listing agent. Sometimes the Listing Agent has multiple identical offers and it always boils down to the deal they can trust to follow through and close. I came from the business world where I structured deals all the time and had to bid on the open market for work. I learned quickly that sellers can demand something but everything is NEGOTIABLE! I wish you good luck!