Buyers are stressed: 6 reasons why

A new TD Bank survey of 135 real estate professionals nationwide reveals six stressors that are causing their clients the most anxiety:

• Confusion about the paperwork required: 31.85%
• Unexpected costs: 22.22%
• Concerns over financing: 21.48%
• Appraisal and inspection: 11.85%
• Meeting and closing date: 6.67%
• Credit approval: 5.93%

To better support clients through their toughest transaction issues, TD Bank recommends partnering with mortgage loan officers who can help buyers – particularly first-timers – navigate the purchase process more smoothly.
Nearly 80 percent of real estate professionals who responded to TD Bank’s survey said the traits they value most in a mortgage loan officer are efficient communication, ability to guide clients through the finance process, and expertise on managing the regulatory landscape.

Source: Florida Realtors