See if you can guess which of the following contractual terms reportedly clinched the sale for the winning bidder in a recent Twin Cities multiple offer battle: A. Purchase price was $10k higher. B. Closing date was flexible. C. They waived the Buyer’s home inspection. D. They assumed a $600 pending city assessment. Correct answer:...Read More
Multiple Offer Scenarios: Why it Matters if the Seller Likes the Buyer More than one multiple offer has played out with the Seller favoring a particular Buyer — sometimes because of an especially resonant Buyer letter — but feeling hamstrung because it’s not the strongest offer. The solution? Go back to them and tell them the...Read More
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...Read More
