Competing Against Multiple Offers
Posted by Christy Duncan
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How can I make my offer more attractive in a multi-offer situation?
1. Offer the highest price you can.
2. Get preapproved, not just prequalified, for your mortgage and attach a copy of the preapproval letter to your offer.
3. Make as large a down payment as you can and provide documentation showing the source of your down payment (e.g., a bank statement).
4. Be flexible on the closing date.
5. Work with an experienced realtor that has a proven track record.
1. Offer the highest price you can.
2. Get preapproved, not just prequalified, for your mortgage and attach a copy of the preapproval letter to your offer.
3. Make as large a down payment as you can and provide documentation showing the source of your down payment (e.g., a bank statement).
4. Be flexible on the closing date.
5. Work with an experienced realtor that has a proven track record.
Categories:
Home Buying
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Disclaimer: The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the HRIS.
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