Making an Attractive Offer In Highly Competitive Markets

[Oskar Czeladko]

Good evening,

I had made a post earlier about the prospect of getting a list of SFH that are not on the MLS. Unfortunately, I have had no luck on being able to locate anything that is not cash only. I am in the San Diego area and the housing market is notoriously expensive here.

With housing prices that are quite high at the moment, is there a way that one can make a traditional loan in a manner that would be appealing to a seller as compared to cash? I have heard that it may not make a difference since the seller will still be getting the value of the loan amount from the bank. 

Is there anything that would potentially make an offer look more appealing? Also it seems the economy might be heading to a downturn, does anyone have any insight on that?

Thank you! Hope your holidays are going well so far!

[Carlos Ptriawan]

 one thing that's very dangerous to do for the buyer is to waive financial/inspection contingency/appraisal ; especially if it's just rental house. Unless one is expert level don't do this as there's serious risk when purchasing rental. I know realtor is pushing for this but in this market that is not necessary and put buyer/investor to higher unknown risk.