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Today I just wanted to provide you with a brief real estate market update for our local area. It's mid-April and our market is off to a very hot start. Listings under $400K are generating a lot of activity and we're seeing multiple offer situations pretty commonly. That's why today I'll be discussing how you can handle those situations and pick out the best possible offer.A client of ours named Paul got multiple offers on his home, and if you look at the graph you can see that one client offered full price and put down a 40% down payment with a $5,000 earnest money deposit. Some of the other offers didn't even cover the listing price, so in this instance, we knew very clearly who was the most serious buyer and we elected to go with him.
If you're finding yourself in a fix and don't know which offer would benefit you the most, then please don't hesitate to contact us. We would be happy to help you!
