https://youtu.be/lfrwDv1DgqY This weekend, I submitted offers in two "bidding wars". OK. They were more like bidding skirmishes, as a bidding war these days usually garners 3-5 offers compared to the 25-40 offers we were seeing a few years ago. Multiple offer situations tend to scare buyers. But guess, what? My clients offers … [Read more...] about Bidding War? Bring It, Baby!
making an offer
Thinking about buying a short sale? You might be surprised at the chances of you actually moving in... Short sales make up at least one-third of the inventory here in Phoenix, but what are the odds that you can get one of those deals to close? Not great...but here are some tips to help improve your odds of actually making a … [Read more...] about Short Sale Buyers…What are your odds that deal will close?
Sure the Seller Wants You To Have Some Skin in the Game, But Why Should the Seller Have All the Advantages? Some short sale listers, including the East Valley Team, require the buyer to deposit a portion of the earnest money up front while the short sale is being negotiated so they have some skin in the game. Is this fair? … [Read more...] about Short Sale Buyers – Should You Pay A Deposit Up Front?
Hey! I want to buy a house in Phoenix...Where's the Swap Meet? I sat down with a frustrated homebuyer to discuss the realities of buying a home in Phoenix right now. It's easy to see why homebuyers in the Valley are confused....the news media paints a picture doom and gloom - a swap meet of real estate - while real estate … [Read more...] about A Talk with Joe Homebuyer