Biggest Risks Homebuyers Are Willing to Take

By
Real Estate Broker/Owner with Waterfront Properties & Club Communities

Buying a home in the current market can be as competitive as ever. With demand sometimes double the supply, home buyers are having to turn to potentially risky tactics in order to get the seller's attention. Here are some of the bigest risks that homebuyers are willing to take.

Contingency-free and contigency-light offers- The easiest way to turn heads and get the attention of the seller is to get rid of the protections that are ususally found in an offer. The most popular contigencies being removed is financing and inspection.

Bidding on low-ball listings- Some sellers will list their home below face-value in hopes that a bidding war will bring the price up. Certain buyers have an eye for spotting these "bargain" homes and will bid on them. The danger is if you end up buying the house for more than it is really worth.

For home listings in your area visit www.waterfront-properties.com.

Posted by

Waterfront Properties & Club Communities

825 Parkway Street, Suite #8

Jupiter, FL 33477

561-746-7272

Facebook Twitter More...

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Best Practices

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
286,597

Waterfront Properties

Ask me a question
*
*
*
*
Spam prevention