You have been through all the Kenai homes listed in your price range and be truthful some that are not… hoping that just maybe the sellers would take less. You are finally comfortable with a Kenai house and BAM!, you are in a heated competition to secure the only Kenai property that you like.
The market is picking up and we are seeing multiple offers for Kenai real estate. Stay calm, common sense and your realtor can help you prevail in a multi offer situation. So how can you be the winning offer?
Be Prepared: First you need to be preapproved by a well known and, even more important, well respected local lender whose preapproval is worth more than the paper it is printed on. Please, don’t use cousin Joe that started lending money yesterday. It just isn’t going to cut it. Most Realtors have lost a deal more than once to over eager loan officers trying to win a client first and approving a loan second. Trust me, we remember which loan officer over promised and under delivered.
Keep It Simple: The cleaner and more straight forward the offer the more likely it is to get accepted. If you have to have buyers closing costs paid by the seller, that is the way it is. Just remember you have to make a quality offer, at or near full price. Also asking for the wine collection, the lawn mower, etc.. is not keeping it simple.
Be Flexible: If the two offers are very close, you can win by making the seller’s life easier. Allow the Seller some leeway in the closing date. If they are elderly or have small children you can give them a week to move out after closing.
Above all stay calm, you won’t know for sure if the other offer isdecent or a low ball until after you present. You could win by default for simply being at market value.
Happy Shopping! May you find the home of your dreams.
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