Ok, as you may have noticed - the market has shifted!

And I mean, SHIFTED, we are no longer in a buyers market, we are in a pretty hot sellers market with multiple offers etc.

So, if you are a buyer, what do you do about it? Here are a couple of ideas:
First off, make sure you get an angent to help you who has some experience, local knowledge is a benefit too - oh - and dare I say it, a good relationship with the lising agents who are putting properties out there.

Now, with multiple offers, some interesting things happen. The sellers start looking for the most likely offer to close and preferably at the best price, a low cash offer, is still very likely to close and can beat our higher financed offers.
On financed offers, those with larger downpayments will beat out ones with less down. This especially hurts those who have served us with price and are trying to use their VA loans with little down.

What can be done? For one thing, you can try to get to the listings before the go on the market, this is fairly effective as you can put in a full price offer right away and hopefully be the first one, if the offer conforms, there is a chance the decision maker will just accept it.

For more informaiton on how to get pre-list info, do call me directly. I cover the areas of Temecula, Murrieta, French Valley, Lake Elsinore, La Cresta, De Luz, Redhawk, Crowne Hiill, Morgan Hill, Paseo del sol among many others. If you are looking for Real estate here, visit my web site to look for more info.

Terkel

 

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Terkel Sorensen

Temecula, CA

More about me…

Century 21 Award - Redhawk

Address: 32401 Temecula Parkway, Temecula, CA, 92592

Cell Phone: (951) 805-0773

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Real estate and real estate investing. Buying REO properties.


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