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Home Buyers in Katy - What to do when Competing with an All Cash Buyers

By Robert Bob Gilbert

Real Estate Agent with Berkshire Hathaway HomeServices Anderson Properties TX Real Est. 567774

October 23, 2015 04:49 AM

Home Buyers in Katy - What to do when Competing with All Cash Buyers

All-cash buyers may have scorned you in the past, and you may be left wondering how you can compete with what appears to be an impossible situation. The good news is that it’s not impossible to defeat them but difficult. Just like with the purchase of any home, it’s very important to be pre-approved for a mortgage and to be working with a competent loan officer. As an Accredited Buyer’s Representative (ABR®) and professional Realtor, I can help you navigate this whole process.

Take the time to read the article which has a link shown below as it will give you some good advice. Please contact me if you have any questions! Let’s get started finding you and your family a dream home.

Above picture courtesy of bing free to modify, share and use pictures.

Home Buyers in Katy - What to do when Competing with All Cash Buyers

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Ronald DiLalla

Century 21 Discovery DRE 01813824 - Anaheim, CA

No. Orange Cty Real Estate

Hi Robert, Never felt that just becasue an all cash offer was out there that was a lock...Thanks for sharing.

Oct 23, 2015 05:14 AM

Robert Bob Gilbert

Katy, TX
Lou Ludwig

Boca Raton, FL
Roy Kelley

Gaithersburg, MD

Roy Kelley

Retired - Gaithersburg, MD

Prospective home buyers need to be well prepared for the current market conditions.

Oct 23, 2015 07:08 AM

Robert Bob Gilbert

Katy, TX
Lou Ludwig

Boca Raton, FL
Noah Seidenberg

Evanston, IL

Mark Don McInnes, Sandpoint-Idaho

Sandpoint Realty LLC - Sandpoint, ID

North Idaho Real Estate - 208-255.6227

With preapproval and Robert (Bob) Gilbert working for you as your Realtor expect only the best outcomes. Make it a great weekend Bob. Mark

Oct 23, 2015 09:00 AM

Robert Bob Gilbert

Katy, TX
Lou Ludwig

Boca Raton, FL

Debbie Laity

Cedaredge Land Company - Cedaredge, CO

Your Real Estate Resource for Delta County, CO

Hi, Bob...that article makes some good points and I notice our own Joe Petrowsky was quoted twice in it.

I hope you have a wonderful weekend.

Oct 23, 2015 09:02 AM

Robert Bob Gilbert

Katy, TX
Lou Ludwig

Boca Raton, FL
Noah Seidenberg

Evanston, IL

Noah Seidenberg

Coldwell Banker - Evanston, IL

Chicagoland and Suburbs (800) 858-7917

I like that photo Bob, your guidance is key for home buyers in and around Katy Texas.

Oct 23, 2015 09:20 AM

Robert Bob Gilbert

Katy, TX
Lou Ludwig

Boca Raton, FL

Larry Johnston

Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN

Broker,Friends & Neighbors Real Estate, Elkhart,IN

Hi Robert (Bob) Gilbert , It pays to have someone on your side as a buyer to help in difficult situations. Bob Gilbert gives you the edge in the Katy, tX community.

Oct 23, 2015 10:23 AM

Robert Bob Gilbert

Katy, TX
Lou Ludwig

Boca Raton, FL

Rob Thomas

Prestige Homes of The Tri Cities, Inc. CALL....423-341-6954 - Bristol, TN

Bristol TN-VA & Tri Cities Agent, ABR, GRI, e-Pro

Buyers in Katy are in good hands with you Robert (Bob) Gilbert .....Great post!

Have a great weekend!

Oct 23, 2015 11:46 AM

Robert Bob Gilbert

Katy, TX
Lou Ludwig

Boca Raton, FL

Lou Ludwig

Ludwig & Associates - Boca Raton, FL

Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Bob

It's very challanging to compete with a cash buyer. We recently had a cash offer from an investor and a young couple approved for a mortgage. The sellers make the decision to sell to the young couple and to pass over the investor.

The sellers wanted the couple to raise the family in the home . . . . like they did.

Good luck and success.

Lou Ludwig

Oct 23, 2015 12:34 PM

Robert Bob Gilbert

Katy, TX

Endre Barath, Jr.

Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA

Realtor - Los Angeles Home Sales 310.486.1002

Bob the hardest thing to compete with is all cash, BTW was that Yolanda with her private stass?::)))in the photo... on a serious note if anyone can guide a buyer through the challenges clearly you are the Man, Keep it up, Endre

Oct 23, 2015 03:25 PM

Robert Bob Gilbert

Katy, TX

Gita Bantwal

RE/MAX Centre Realtors - Warwick, PA

REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Anyone thinking of buying a home in your area should call you.

Oct 23, 2015 09:23 PM

Robert Bob Gilbert

Katy, TX

Gabe Sanders

Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL

Stuart Florida Real Estate

Great advice, Bob. Those represented by a strong agent like you, will certainly have a much greater chance of success when competing with cash offers.

Oct 23, 2015 09:37 PM

Robert Bob Gilbert

Katy, TX

Joan Cox

House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO

Denver Real Estate - Selling One Home at a Time

Bob, we are seriously seeing many cash offers, and difficult to win the bid, unless you offer more than list.

Oct 23, 2015 11:32 PM

Robert Bob Gilbert

Katy, TX

Robert Bob Gilbert

Berkshire Hathaway HomeServices Anderson Properties - Katy, TX

Your Katy TX ( West of Houston) Real Estate Expert

Cash offers are very difficult to beat but it does happen. Writing a letter to sellers telling them how much this home will mean to the whole family may do the trick. Thank you all for stopping by and commenting.

Oct 24, 2015 05:23 AM

Sharon & Bruce Walter

Lafayette, IN

Sharon & Bruce Walter

Keller Williams Realty Lafayette, IN - Lafayette, IN

West Lafayette homes for sale

Bob, I love your positive attitude and all things are possible even when competing with cash buyers. A strong lender and real estate agent have so much to offer any buyer no matter what the circumstances!

Oct 24, 2015 10:16 AM

Myrl Jeffcoat

Sacramento, CA

Greater Sacramento Realtor - Retired

The well written offer of a pre-approved buyer is sometimes better than a weak offer by a cash buyer. While some agents think writing letters to sellers about how much a home is loved by the buyer and family isn't much help. I've had a few of my buyers write them, with advantageous outcome.

Oct 24, 2015 11:28 AM