Multiple offers

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Bidding Wars when Buying a Home

By | 2015-03-19T18:12:40+00:00 April 30th, 2012|Categories: Buying|Tags: |

Based on a recent article, I completely agree that these days banks are tightening their lending guidelines and some appraisals are coming in below purchase price. These bidding wars are resulting from shortage of listings supply. Plus, other factors like low interest rates are also fueling the housing [...]

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Multiple offers are back

By | 2017-01-23T12:11:13+00:00 June 17th, 2009|Categories: Realty Talk|Tags: |

Multiple Offers After experiencing at least half a dozen multiple offer situations in just one week, I can definitely say that multiple offer situations are in the seller's best interest. On the other hand, they can be very painful for the would-be buyers, and for salespeople representing buyers who [...]

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