 Multiple offers (by Ken [NY]) Jul 14, 2019 11:39 AM
 Multiple offers (by plenty [MO]) Jul 14, 2019 11:50 AM
Multiple offers (by NE [PA]) Jul 14, 2019 11:50 AM
Multiple offers (by Tony [NJ]) Jul 14, 2019 12:44 PM
Multiple offers (by Dave [MO]) Jul 14, 2019 2:51 PM
Multiple offers (by Barb [MO]) Jul 14, 2019 3:22 PM
Multiple offers (by MikeA [TX]) Jul 14, 2019 5:06 PM
Multiple offers (by GKARL [PA]) Jul 14, 2019 9:09 PM
Multiple offers (by BRAD 20,000 [IN]) Jul 16, 2019 11:32 PM
Multiple offers (by dino [CA]) Jul 17, 2019 12:28 AM
Multiple offers (by Ken [NY]) Posted on: Jul 14, 2019 11:39 AM
Message:
Bought a place a month ago before the city took it for non payment of taxes,had it cleaned out and lawn mowed,i have $10500 in it,listed it and had a couple of low offers.All of a sudden this weekend I got 3 offers all at exactly $30000.So apparently it really does happen when an agent tells you they have multiple offers on a bank owned place --72.231.xxx.xxx |
Multiple offers (by plenty [MO]) Posted on: Jul 14, 2019 11:50 AM
Message:
That's great! Screen the buyers, Review the terms in each offer and Get it closed! --99.203.xx.xx |
Multiple offers (by NE [PA]) Posted on: Jul 14, 2019 11:50 AM
Message:
Play the game. Tell them to all come back with highest & best. --174.201.xx.xxx |
Multiple offers (by Tony [NJ]) Posted on: Jul 14, 2019 12:44 PM
Message:
To add - When you have all three in hand, research who is most likely to be able to close, ie verify funds, other buyer contingencies, etc. Congratulations and good luck. --73.215.xxx.xx |
Multiple offers (by Dave [MO]) Posted on: Jul 14, 2019 2:51 PM
Message:
Agree, with best and final, no inspection. Proof of funds and quick close. --173.216.xxx.xx |
Multiple offers (by Barb [MO]) Posted on: Jul 14, 2019 3:22 PM
Message:
Look for cash sale, as is no inspection, proof of funds, soon to close --72.172.xxx.xxx |
Multiple offers (by MikeA [TX]) Posted on: Jul 14, 2019 5:06 PM
Message:
I would also add a hefty escrow requirement with all cash to assure it will close. Maybe also put back up buyers on a contingency contract in case the first falls through. --50.26.xx.xxx |
Multiple offers (by GKARL [PA]) Posted on: Jul 14, 2019 9:09 PM
Message:
Congrats Ken. That's not bad for a month's work! --209.122.xx.xxx |
Multiple offers (by BRAD 20,000 [IN]) Posted on: Jul 16, 2019 11:32 PM
Message:
Ken,
You da MAN!
BRAD --73.102.xxx.xxx |
Multiple offers (by dino [CA]) Posted on: Jul 17, 2019 12:28 AM
Message:
Ken,
Seems odd. 3 offers for the exact same amount at the same time. Please keep us informed as transaction progresses. I thought I had heard of every unscrupulous slick real estate move but I can't see the hazard or risk here. Not sure there is any problem but still seems odd.
In any event, I would require ABSOLUTELY proof of funds with their written offer before accepting and opening escrow. If they want inspection, maybe allow simple walk-thru for buyers before accepting and opening escrow.
As I'm sure you know there are plenty of investors out there that specialize in tying up properties with the intent of finding various excuses to delay closing and view the legal system as a profit center rather than an annoyance. Few people call their bluff which is what it often takes.
--142.129.xxx.x |
Reply:
|
|