How to make your offer on a bank owned property stand apart.
1. Have a great Buyer's agent on your side, because the listing agent isn't going to negotiate for you!
2. Have your pre-approval letter ready when you present your offer.
3. Present the offer with 3% or more (of offer price) earnest money.
4. Have your agent include comparables sales if they support your offer.
5. Put together a list of repairs that need to be done to the property along with photos as evidence.
6. Pay all cash...if you can!
7. Make a clean, solid offer...the bank usually don't make repairs...so don't ask them to.
8. Make a clean, solid offer...with as few contingencies as possible.
9. Offer a quick closing...
For more information on Bank Owned Properties, give me a call.
www.connectrealtyhomesales.com
No comments:
Post a Comment