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Updated over 8 years ago on . Most recent reply

User Stats

25
Posts
11
Votes
Hope S.
  • Investor
  • Cape Elizabeth, ME
11
Votes |
25
Posts

How to strengthen an offer in a competitive market?

Hope S.
  • Investor
  • Cape Elizabeth, ME
Posted

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?

Most Popular Reply

User Stats

139
Posts
53
Votes
Adam Juodis
  • Plainfield, IL
53
Votes |
139
Posts
Adam Juodis
  • Plainfield, IL
Replied

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.

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