homebuying: 1-2 PUNCH! Tips on How to Stand Out When Dealing with Multiple Offers
- 03/09/11 12:10 PM
It's a home seller's dream and a buyer's nightmare. Multiple Offers!!! Here are a few tips to help prospective buyers handle a multiple-offer situation. 1. Set a limit - Multiple-offer situations create an auction-type atmosphere, which can cause perspective buyers to overspend simply because no one knows how much the others are bidding. Set a maximum price on how much you're willing to spend on the home, and don't exceed it. 2. Make sure you can afford to go higher - Before submitting an offer, check back with your lender to have them run the payments at your specified maximum limit. … (3 comments)
homebuying: What New Homebuyers MUST Know About Getting Pre-APPROVED in 2010 –
- 02/08/10 08:46 AM
Kim & Bill were ready to find their first home. After making a few quick phone calls, they received an informal pre-qualification to go ahead shop for homes. Their imagination had been working overtime and the picture of their first home was clear in their mind. They could imagine the perfect neighborhood, the most darling little house with the greatest backyard; their new home everything they ever wanted. They invested a couple hundred hours finding their little treasure, spent several hundred dollars on fees and property inspections, took a deep breath, and placed an offer. They had their heart is so … (6 comments)
homebuying: What New Homebuyers MUST Know About Getting Pre-APPROVED in 2010 –
- 02/08/10 08:45 AM
Kim & Bill could have saved themselves from this heartache if they would have been formally PRE-APPROVED. It is so important to understand the difference between a pre-qualification and a pre-approval... In fact, it is highly recommend you get a written Pre-Approval Letter before you go any further in the home-buying process. Let's take a look at the differences . . . What is pre-approval? It's basically a quick-and-dirty look from a lending institution at your creditworthiness. With a pre-approval letter in your hand, you're immediately in a stronger negotiating position with any seller, not to mention the peace of mind … (1 comments)
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Gwenn Tanvas
The Mortgage Gal, 920.267.7891~ SMART - INNOVATIVE
MY MISSION: 1 - Looking to network with Wisconsin Real Estate Agents... share really great tips and help friends BOOST their business! Help me contribute to the industry in a whole NEW way!!
2- Provide valuable information to Wisconsinites that help them make great decisions, save time, money and truly have a great experience when it comes to buying and financing real estate in this great state!
It's a home seller's dream and a buyer's nightmare. Multiple Offers!!! 
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