March 1, 2013

Tiebreaker in Multiple Offers: the Buyer’s Loan Officer

Solid Financing?  Who Says? Assuming that one of the offers isn’t cash, for full price (or over), what can be a deciding factor for Sellers weighing multiple offers? A Buyer who has rock-solid financing — and a loan officer who vouches for same. So, an especially good strategy wooing such a Seller is to make...
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Real Estate’s Waiting List: “The Backup Offer”

“The King Deal is Dead, Long Live the King Deal!” As expectant high school seniors (and their anxious parents) know all too well this time of year, colleges have waiting lists. But so, too, does residential real estate. They’re called “backup offers.” First in Line Such offers are increasingly popular in a Seller’s market (Pssst!!...
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