How can you make a competitive offer against cash buyers in this hot market?
A lot of agents crumble at the prospect of competing against cash buyers. Well, our agents know how to deal with cash buyers.
In order to make your offer stand out, there are some things you need to take a look at:
1. Your credit score
2. Have you been pre-approved?
“When you are getting a mortgage, there are lots of things you can do to make your offer just as attractive as that of a cash buyer.”
3. Which lender are you using?
4. Your debt-to-income ratio
5. Your assets
6. Your earnest money and terms
When you are getting a mortgage, there are lots of things you can do to make your offer just as attractive as that of a cash buyer. As long as you are proactive about getting your finances in order and have better terms (with fewer contingencies), we can write a better offer!
If you have questions about how to accomplish this, feel free to reach out to us. We have many agents who can help give you the competitive edge against other buyers, regardless of whether they are cash buyers or not.