real estate

What is a motivated buyer?

 

What is a motivated buyer?

The Bankrate.com financial term of the day is: "Motivated Buyer"

Maybe you just landed a job in a new city and need to relocate in a hurry, or you put your house on the market and it sold immediately, before you had much of a chance to shop around for your next house. In either case, you are a motivated buyer. That's someone who's understandably eager to make a purchase.

In the housing market, a motivated buyer is a homebuyer who has a strong reason to buy, and buy quickly.

To shop for the perfect home loan, visit the Mortgages section at Bankrate.com.

advertisement

          Connect with us
advertisement
advertisement

Blog

Holden Lewis

You’re normal if you spend big before a mortgage

If you have sold a house and bought another, or if you have refinanced a mortgage, you probably have ignored a universally given piece of financial advice. And you know what? You're fine.  ... Read more

advertisement

Connect with us