streamlining short sales: 7 Things Every Home Buyer Should Know About a Rancho Cucamonga Short Sale
- 03/22/10 09:19 PM
1. Don't make lowball offers on a Rancho Cucamonga Short Sales. Lenders don't have time to play games. Typically Lenders follow guidelines and want to net at least 85% of the home's fair market value. Buyers educated to today's market know that lowball offers, asking for more than 3% in Buyer's Closing Cost will be rejected and in this multiple offer environment they may not have the opportunity to make a counteroffer.
2. That's why the Buyer's Agents experience is crucial. However, your Agent has to be knowledgeable enough to guide you in drafting a successful Short Sale offer strategy. But it's … (2 comments)
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1. Don't make lowball offers on a Rancho Cucamonga Short Sales. Lenders don't have time to play games. Typically Lenders follow guidelines and want to net at least 85% of the home's fair market value. Buyers educated to today's market know that lowball offers, asking for more than 3% in Buyer's Closing Cost will be rejected and in this multiple offer environment they may not have the opportunity to make a counteroffer.
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