Housing Wire
JULY 9, 2021
Mimi Foster, a real estate agent, told MarketWatch the home was like “walking into a crime scene.”. She received multiple cash offers that were well over the asking price. If you’re looking to buy a home, be prepared to make an offer higher than what’s listed. But guess what? Low-inventory is partly to blame.
Housing Wire
JANUARY 24, 2024
Has the seller recently corrected negative feedback? Has the seller recently rejected offers? What else can the listing agent tell you about the seller’s situation, preferred deal terms like closing and possession dates, etc., which can help you put together an acceptable offer?
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McKissock
JULY 26, 2022
In order to reach an acceptable agreement with the most favorable terms, make sure your buyers are aware of the market and the most important factors when constructing an offer. Requests to sellers to pay closing costs. Other terms, such as closing dates and concessions, may play powerful roles in the strengths of competing offers.
PennyMac
DECEMBER 22, 2020
REO properties are attractive to homebuyers or real estate investors for several reasons. In many cases, lenders are motivated sellers who do not want to sit on their REO inventory, and (depending on the bank’s history with the property) these homes may be priced at a discount. 10 Steps to Buying REO Properties.
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