There are several strategies a buyer can use that don’t cost money but can still lead to success in real estate. What defines a win? Securing a property in competition, without paying way more than the competition. Getting a property for less than the competing...
A pre-approval is a letter from a lender. It states that the lender will give this borrower a mortgage for up to the amount on the letter. A pre-approval states that earnings and debt and credit history have been reviewed and approved. A pre-approval benefits both...
What does it mean to fail at a bidding war? If you enter a bidding war, and someone else gets the property, it might be a failure. It might not. Three ways to fail at a bidding war: Pay more for a property than its market value. And choose a property that does not...
The hardest part of the spring market is that there are more buyers in the marketplace. There are also more houses and condos for sale. You are more likely to find yourself making an offer when another buyer is making an offer on the same property. People call these...
The hardest part of the spring housing market is that there are more buyers in the marketplace. There are also more houses and condos for sale. You are more likely to find yourself making an offer when another buyer is making an offer on the same property. People call...
In a hot market, it can be difficult to compete with multiple buyers, especially if you're competing against all-cash buyers. One strategy homebuyers can use to improve their chances is to waive certain contingencies in the contract. One example is the home inspection...
A seller receiving multiple offers on their home is in an advantageous situation. They know their property is desired and are in a position to weed out low-ball offers. And if you're the buyer in this situation, we're going to teach you how to make your offer...
Nothing talks quite like money in real estate. The ability to put down an all-cash offer on a home immediately puts you ahead of those offers who are relying on financing. Why? Because it cuts out the time and hassle of the mortgage approval process. For those who...