One of the worst things that can happen for a real estate professional is to get to the end of a deal only to find out that your client doesn’t have enough money available to pay your commission.
Fortunately, there is a way to catch this potential issue ahead of time with due diligence.
On the GeoWarehouse blog, we’re detailing how to use equity estimates to estimate risk and flag payment issues. Read it here: https://www2.geowarehouse.ca/real-estate-due-diligence-flagging-potential-payment-issues/