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Posted: Tuesday, October 10, 2023
Author: Vinny Delgado, Partner, Ranch Sales | Licensed in MT
Vinny,
I have reservations about the individual interested in purchasing my ranch, as their financial situation appears somewhat questionable. Should I be concerned? What precautions can I take to ensure they have the funds necessary to purchase my ranch?
Dear Concerned,
This is certainly a valid apprehension to have when selling a ranch. No one wants to go through the motions of taking their property off the market only to find out in the 12th hour that the buyer never had the funds to close. You or your broker should diligently prequalify the buyer if there are doubts about financial qualifications. These qualifications typically come from a bank, accountant, or attorney who can verify that the buyer has the funds to purchase your ranch. In most cases, anyone providing financial capabilities will also provide contact information so you can follow up with them.
Posted: Tuesday, September 26, 2023
Author: Vinny Delgado
Dear Vinny, I'm in the process of selling my ranch, and my real estate agent has requested that I fill out a property disclosure form. I'm curious about the necessity...
Posted: Tuesday, July 30, 2024
Author: Vinny Delgado
Dear Vinny, As a novice land investor, I’m wondering what the most important infrastructure I should look for when viewing properties. What adds the most value to the property, and...
Posted: Thursday, February 01, 2024
Author: Susan Ferrin
The vast lack of resources in rural America poses multifaceted challenges that can have far-reaching consequences on the well-being of individuals and the sustainability of communities. Access to quality education...
