In the current market it has appeared to me that finance has tightened up. Currently I have three properties that are under contract, which are subject to the sale of the buyer’s property, due to finance restrictions. This may appear a concern to some sellers, however, if you have a buyer paying fair market value for your property, accepting a contract that is subject to a sale is a feasible option.

My in house finance broker has worked with my clients on two of these deals and was able to suggest alternative financial options for the buyers. In the current market, approaching a finance broker instead of going directly to a bank is a smart move as it leads to more options and less of a headache for yourself with the process.

Judi O’Dea

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