How Do You Write the Most Appealing Offer?
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I've been asked many times recently how to write an offer from a buyer's perspective, so you win in a multiple offer situation. Today I am going to go over a few key things that a buyer can do to win when they are competing against multiple offers.
First, make sure you have a pre-approval letter if you are buying the home with financing and a proof of funds if you are purchasing with cash. If you are financing the property, make sure your pre-approval is very strong and is verified for both credit and employment.
If you're up against multiple offers, you might also consider removing the part of the contract that asks the sellers to make repairs. This can help the seller feel confident they won't have to negotiate again. It is also worth finding out the ideal closing date for the seller, so you can use their timeline to write your offer. Another thing people have been doing is writing a personal letter to the seller talking about how much they like the home and what they and their family would do with it.
If you have any questions or want some more tips on how to write a competitive offer, feel free to give me a call or send me an email. We look forward to hearing from you soon!
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