How Can I Make My Offer More Competitive - The Buying Power Checklist
How can I Make My Offer More Competitive? This is something that we hear often from home buyers who are looking to get a competitive edge when it comes to buying a home.
The Buyer Power Checklist empowers home buyers who are looking for an advantage when it comes to getting their offer accepted to buy a home. It is especially helpful to first time home buyers who have never gone through the process before.
The Buyer Power Checklist breaks down an offers buying power into three different categories. A buyer's offer will either be in the 'Low', 'Average' or 'High' Buying Power category.
Offering Seller Free Occupancy (A Seller Rent Back)
How can I Make My Offer More Competitive? Offering the seller free occupancy through a rent back is a great option for home buyers who have a little flexibility as to when they need to be in the house. A home buyer who is renting a home before has a distinct advantage on offering this competitive advantage.
A buyer should always ask a seller what their preferred closing date is. An idea is to offer them to close a couple days before they intend to close on their next house and rent them the house back at $1 for a short period of time.
How does it help? Well it makes the process a little less stressful for a seller. By closing a couple days before it guarantees that everything will stick to their timeline and that their closing will be seamless.
If you are financing, the agreement with the bank...