Handling a Multiple Offer Situation in Austin, Texas
Part One: Choosing a Lender
Choose the right lender to win the bid on your Austin dream home
It's a seller's market here in Austin. Choosing the right lender is key to winning the bid!
We recommend Max Leaman at The Leaman Team in Austin, Texas. Not only is he is the number one volume producer in Austin but he has the best reputation for closing deals. We recommend that you interview your lender and here is a list of questions you should ask.
- When you send me a pre-qualification letter, are you confident that you've gone through my finances enough that there won't be anything else need from me other than an update pay-stub or something of that sort? Meaning, that you won't find any deal killers to my loan unless I go out and buy a new car or something that will upset my debt to income ratio.
- Are you confident enough for me to put zero days on the time allowed to obtain financing, that I will be able to get the loan approved?
- How fast can you get an appraisal back?
Part Two: Structuring a Bid
Structuring your bid in a multiple offer situation can be the difference between winning your Austin home and losing it
Here are our tips for structuring a competitive bid!
Here are some terms that we suggest you take into consideration when structuring an offer to compete in a multiple offer situation:
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Hopefully, you realize that we can help you achieve your dreams! Don't go at it alone or work with an agent that isn't as caring as we are.