Tips For Getting Your Real Estate Offer Accepted

With multiple offers common in Denver’s highly competitive housing market this Spring, these tips can help your offer stand out above the rest. Pre-Approval: Sellers want assurance that you can close on your deal and they want to see a strong financial position. That means buyers who are pre-approved for their financing and submit a lender letter with their offer are looked at more favorably. Appraisal Guarantee: Bank appraisals are based on comparable sold homes in the area of the subject property, not based on actual market activity for a given home. This can result in a home appraisal that comes in below the contract price. In this situation, the bank will only finance up to the appraisal amount. Buyers who reserve extra cash may … [Read more...]

 © 2017 Jennifer Pollock, Broker/Associate Keller Williams Downtown, Denver, CO, Lic. Colorado