Winning Multiple Offers
Over the past several years, I have been involved in several multiple offer situations with my clients. We don’t always succeed, but my percentages are pretty darned good.
While the majority of the multiple offer scenarios are involving foreclosures and REO properties, that isn’t always the case. With the huge increase in home buying activity predicted by the experts for 2015, you will be encountering more and more multiple offer situations, even on consumer owned homes.
This is due to the short supply of available homes for sale; the increased amount of buyers that are able to purchase a home, especially after the government has instructed the mortgage lenders to loosen their purses; the spring home buying season which is typically the busiest time of the year anyway, is right around the corner.
There are several ways to make your offer stand out and be the chosen one.
The process isn’t rocket science. If you follow some of my tips below, it may increase you... read full post