Instead, they were faced with leaving their cherished home much sooner than expected. Suspicions that a listing agent has deliberately underpriced a house to gain a fast sale are nearly always untrue, according to Tayler. Suppose your first bidder offers a generous price, yet you're not delighted with other terms of the offer. If you're selling in a coveted neighborhood, you may receive several offers as soon as your house becomes available. Sometimes the size of the buyer's deposit gives you a good clue as to the prospect's credibility, Helme said.
Buyers can obtain nearly watertight guarantees from lenders about their capacity to borrow.
You want to be sure that your bidders are not stretching above their limits.