Tag

winning offer

“Multiple Offer” Multiple Choice: Can You Guess the Tiebreaker??

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:...
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Multiple Offer Winners & Losers, or, “$40k Over Ask Minus $30k in Seller-Paid’s = No House”

Clean vs. Cluttery Offers With multiple offers breaking out all over the Twin Cities housing market now, it’s a smart idea for prospective Buyers competing for a home to know what, besides price, is likely to set their offer apart . . . for both good and bad. Good:  a short, clean offer with a...
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