You have three buyers who are interested in you house. You ask them as to
how they will finance the purchase.
The first tells you he is a cash buyer who has nothing to sell and
is currently living in rented accomodation. He appears honest and you and your agent have
no reason to disbelieve him. Sadly he is lying through his teeth and is an unemployed dosser. You don't find this out for several weeks.
The second potential buyer also seem an honest person but tells you he has a
house to sell for which he has a buyer but is in a chain involving
three more sales.
The third buyer will tell you nothing as to how he will finance the purchase
or whether he has a property to sell and tells you it none of your
business. But he offers to exchange within a week.
Short of asking them for their bank statements you have no way of telling them apart.
|