Multiple offers
We are seeing more and more multiple bid situations with non-reo  and short sale listings. Why so much interest…..well supply and demand, low interest rates, favorable terms and a good long term investment. Yes, real estate is a good investment again, flips are back in vogue specifically in major metropolitan areas. How can you win a multiple bid?  Make sure your realtor is presenting favorable terms to the seller in writing, quick closing, very little contigencies and a solid pre-approval letter is very important. Also if possible, make sure you deposit is near 20%, this will ease any concerns with […]
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