Buyers who use financing must prepare in advance so they can act quickly when a distressed property becomes available as there are
often multiple bids on an individual home.
Not exact matches
Wenger
often makes
multiple bids... issue has always been for him to take a quick decision rather than wait and wait... so I think there have been
bids for both Lacazette and Mbappe and this time with last season fan issues whichever player and club agrees first Arsene will take it..
Most of the real estate activity has been between the $ 300,000 and $ 400,000 range,
often attracting
multiple offers and
bidding wars primarily between younger buyers, Starck said.
Re: «MLS properties sight unseen» - Many highly successful investors
bid on
multiple properties each week,
often without seeing the property until after they have it under contract.
«In this market I
often advise buyers to look at homes under their max loan amount,» echoes Denise Supplee, a Realtor ® with Long and Foster Real Estate in Doylestown, PA. «When you have to
bid against
multiple offers, they will need some room to go up, and if they are at their maximum amount, that may not happen.»
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.
In hot markets, sellers
often price homes on the LOW end of market value to encourage
multiple offers and competitive
bidding (kind of like a slow motion auction) and to try and get the house under contract the first week it's on the market.