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Updated over 8 years ago on . Most recent reply
How to strengthen an offer in a competitive market?
Does anyone have any tips on improving the strength of an offer (without raising the offered price)? I am looking at ways to make an offer more appealing. Ideas of course include all cash offers, quick closing. But if you can't pull those off, any other levers we can pull to help make an offer stand out in a competitive market?
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You could introduce the idea of seller financing, dependent on who the seller is. If the seller owns the house free and clear, or maybe they're nearing that retirement age, seller financing could be appealing to them because you give them the house payments, as well as the 'loan' interest you would be paying the bank, or a hard money lender.