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#1 Top Tip for Home Buyers in Phoenix in a multiple bid situation
#1 Top Tip for Home Buyers in Phoenix in a multiple bid situation
 
Phoenix Home Buyers please listen to this advice and follow it closely - but ONLY if you want to be in the running to win a bid for a home in the Metro Phoenix area HOT real estate market. 
 
 

 
Get Your qualifying ducks in a row BEFORE you submit an offer - just do it! 
 
What does that mean? That means that you should consult a trusted lender (ask your agent for referrals) and submit all the documentation that your lender requires upfront.  It is a very wise idea to know exactly what amount you can qualify for and that there is nothing in your credit report or documentation that needs to be clarified or cleaned up. Again - this should all be knocked out BEFORE you look at homes and most certainly before you submit an offer, especially in a multiple bid situation.
 
Why?  Consider this story: Seller meets with listing agent to go over 4 offers.  3 offers are  excellent and complete including ALL DOCUMENTATION and LOAN QUALIFICATION in place. 1 offer lacks a totally completed qualification form that is standard in our area and it states that the buyer has ... more

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