bidding: Win a Bidding War
- 02/18/20 08:57 AM
Having found the home of your dreams sometimes is not enough, in many cases, there will be other buyers interested in the same property. Don't be foolish and if you really want it, go for it, and prepare for a bidding war. With a current low housing inventory, units are selling fast, and by that we mean, people are bidding and offering more money to home sellers, but don't get discouraged, we are disclosing in this post helpful tips that will teach you how to win a housing bidding war.
1. If you can, offer to pay cash. A seller would rather deal with a buyer who can … (2 comments)
bidding: Season of Bidding Wars
- 02/14/20 09:28 AM
Are you house hunting? well, get ready for serious competition with other buyers. Low inventory during the winter is setting an upcoming property bidding war. On another hand, home prices have escalated or increased in many cities, price pressure is no longer a "normal" thing only in San Francisco or New York. Inventory is no longer sitting for months, it is sixty days, at the most since buyers are going by them fast. These conditions are benefiting home sellers that want to quickly trade their property and make money out of it. The inventory shortage is a known issue for buyers and real estate agents, besides frustration, the struggle is real, putting together offers when there is … (1 comments)
bidding: How to Win a Bidding War
- 06/17/14 03:42 AM
Contrary to what most people believe, it’s not all about money. Sellers will sometimes take a lower offer, if it means less hassle.
“What sellers really don’t want to do is waste time,” says John Walsh, president of the Connecticut-based lender, Total Mortgage. This means having all the paperwork - pre-approval, proof of income, bank statements, and work history - all organized and ready to go. However, you still have to beat out all the other bidders.
The best way to catch a seller’s attention is by paying cash. Ever since the housing bubble burst, getting a mortgage has … (0 comments)
Having found the home of your dreams sometimes is not enough, in many cases, there will be other buyers interested in the same property. Don't be foolish and if you really want it, go for it, and prepare for a bidding war. 
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