Competitive Offers in our Market
Posted by Alison Crim on
The greater Madison area housing market remains competitive, with well-priced homes often receiving multiple offers. If you’re looking to buy, it’s crucial to craft a strong offer that stands out. Here are key strategies that we are seeing buyers leverage to increase their chances of success in a competing offer scenario:
1. Get Pre-Approved, Not Just Pre-Qualified
This is the bare minimum; a pre-approval letter from a reputable and local lender shows sellers you are financially serious and ready to close. Even better – we work with many local lenders who can provide a fully underwritten preapproval letter, often allowing you to waive the financing contingency to differentiate your offer even more and compete with cash purchasers.
2. Act…
43 Views, 0 Comments