Found 2 blog entries tagged as home offer.

It is a common misconception that multiple offer situations do not exist in a buyer’s market. Although there certainly are not as many instances of multiple offers, the situation does exist, particularly in the case of foreclosures and short sales.

If you are caught in a multiple offer situation as a buyer for a Jacksonville Beach home, then there are some things you should know:

  1. Don’t panic if your offer is not the first one. If you want to put an offer in on a Jacksonville Beach home that already has multiple offers, you’ll first want to decide exactly how much you want the home before submitting your offer. When the offer comes in is not as important as the offer itself.

Aside from the offer price, you’ll want to pay…

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Even though it is now considered a “buyer’s market,” don’t be surprised if you receive multiple offers on your Jacksonville Beach property; particularly if you’ve priced it aggressively and have kept it updated.

multiple offers are tricky

Although most homeowners would be more than happy to be in this situation, it can prove rather tricky. Being overly greedy, slow to respond or impatient can mean not only losing your multiple offer status, but losing all offers in the process.

When reviewing offers, you want to look for the best offer with the best terms attached to it. For example, the first buyer may offer you full price for your Jacksonville Beach home, but with a contingency attached to it that they must sell their home before they can purchase your home.

The…

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