Remove Buyers Remove Counter Offer Remove Presentation Remove Sellers
article thumbnail

What to do when your buyer wants to make a lowball property offer

Housing Wire

Let’s talk about lowball offers. What constitutes a “lowball” offer, when is it appropriate or not appropriate and how can you encourage your buyer clients to stop insisting on offering a price that’s unlikely to result in an offer? So do buyer’s credit scores , ratios and down payment funds.

Buyers 404
article thumbnail

Market Data for Real Estate Helps Counter Low-Ball Offers

Home Junction

In one instance, you have sellers enjoying multiple offers on a property and achieving a nice percentage increase above their asking price. When it’s a buyer’s market, there are the reasonable buyers who might come in a little low on an offer. Then there are the extreme opportunistic buyers.

article thumbnail

The REO Guide: 10 Steps to Buying a Bank-Owned Home

PennyMac

Many potential homebuyers and investors overlook bank-owned properties, but for buyers who take the time to understand the REO process, these homes can be a significant opportunity. Step 3: Find a Real Estate Buyer’s Agent Who Knows REO Homes. 10 Steps to Buying REO Properties. Step 4: Refine Your List of Lender-Owned Properties.