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2022 Bidding Wars – How to Strike and Win

Lamacchia Realty

Now in 2022, it’s predicted that inventory will continue to stay low and competition will remain immensely high. They should be well known, respected among agents in the area, and highly specialized in mortgage lending. The post 2022 Bidding Wars – How to Strike and Win appeared first on Lamacchia Realty.

Sellers 69
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2024 Bidding Wars – How to Strike and Win

Lamacchia Realty

They should be well known, respected among agents in the area, and highly specialized in mortgage lending. Lenders lend based on the appraised value or purchase price (whichever is lower), so if you offer based on the higher list price, you’re responsible for covering the difference. Real estate is a long game.

Buyers 65
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2023 Bidding Wars – How to Strike and Win

Lamacchia Realty

2022 started with low inventory and high competition as predicted , but by April rates began their ascent and the market began its shift. They should be well known, respected among agents in the area, and highly specialized in mortgage lending. Real estate is a long game.

Buyers 41