Sentences with phrase «multiple bid situations»

In these places, traffic at home showings have tripled, home prices are edging up from multiple bid situations, and younger buyers in their mid-30s seem to be generating the most traffic in recent weeks, according to reports.

«There's still a lack of inventory, which limits sales and has created multiple bid situations in the low - to - mid price ranges.»

Client: Kate M. & Michael M. «Rich is extremely knowledgeable and guided us through several multiple bid situations and a very tight buyer's market in Burlington, MA.

As a home buyer, you might have to settle for a great home that doesn't match all of your wish list items, and even then, may be in a multiple bid situation with other house - hungry buyers.

We don't know just how price sensitive foreign investors might be to property in Vancouver, but we do have subjective evidence that some foreign buyers have driven up residential real estate prices very rapidly, especially in multiple bidding situations, with little concern for inherent value.

In less than a month, he found us the perfect house and successfully navigated a multiple bid situation on the house we really wanted.

In a multiple bid situation, sellers often give preference to buyer who have this level of approval because of the added assurance the borrowers loan will close.

Not exact matches

If you were in a multiple - offer situation, you likely had to bid at, or above, listing price to nab the property.

5 Tips to be the Bid the Winning Bid in a Multiple Offer Situations 1) Get your... Continue reading...

Less competition from other buyers means you likely won't end up in a multiple offer situation, or worse yet, a bidding war, which tends to drive up the house price.

And processing that typically takes a week or two longer than conventional financing puts the buyer at a disadvantage in a multiple - bidding situation.

Inventory is so low that I've resorted to yellow letters, and I've been in many multiple offer situations where I was outbid despite bidding 10k + above list price.

She's made an offer on only one home so far — a multiple - bid situation that spurred her to be more aggressive than she thought she would have to be when she first started her search.

This approach attracted multiple lenders, creating a competitive bid situation, ultimately resulting in aggressive pricing from a life insurance company with a rate in the high 3 percent range, fixed for 15 years,» said Shaun Moothart, member of CBRE's finance team, in prepared remarks.

Nearly every major market has seen double - digit declines in inventories of for - sale listings, making multiple - bid situations common.

In a competitive bidding situation, and after having received a multiple counteroffer from the listing agent, my buyer and I were able to counter back to the seller with a more favorable price for my buyer and their offer was accepted over the others.

On the other hand, home buyers are having fewer choices and stuck paying higher prices, sometimes in multiple - bid situations.

Because of various issues, including federal home inspection requirements, Sec. 8 buyers can't always get to closing as quickly as conventional buyers, and that can hurt in a multiple - bid situation.

Low housing supply has pushed up home prices and created multiple offer situations and bidding wars throughout the country.