Home Story · Ryland · Stafford
The sellers needed their proceeds for the home they were building
The Ryland owners in Stafford had a deadline for funding their new home. Steve completed the purchase on time, even after a difficult family event and a shift in the market.
The next home set the schedule
The sellers planned to build a new home and needed the sale proceeds for its down payment by a particular date. Their Ryland home in Stafford was generally in good shape, but they did not want to handle the many smaller updates it needed.
An agreement several months ahead
The parties negotiated a purchase price and a settlement several months later. A difficult family event occurred shortly before closing, adding to what the sellers were managing, but the transaction still closed on the agreed schedule.
The buyer carried the later market risk
The market softened between contract and settlement, and Steve’s eventual resale resulted in a loss. That was his investment outcome. The sellers’ result was receiving their proceeds on time for the next home they were building.
What would make selling easier for you?
Tell us what is happening with the house and what you need to happen next. We will listen, explain your options, and let you decide whether a direct sale fits.
Talk with Steve & StacyBased on Steve and Stacy’s account of this purchase. Arrangements described are specific to this transaction.