Lately, I've been surprised to see our market area starting to experience multiple offer situations.  While not an every day event, it certainly pays for buyers to be prepared should they find themselves in a bidding war.  Here are some tips to help put your offer in the best position. 1.  Keep contingencies to a minimum.  Decide what inspections you can live without and don't add in extra clauses. 2.  Find out the seller's ideal closing date and use it for your closing date. 3.  Keep all contractual due dates in as short of time frame as possible. 4.  Be prepared to offer over the asking price.  With multiple offers, money talks and usually the higher price wins. 5.  Cash offers beat offers with loan conditions.  (Unless the offered price is significantly higher than the cash offer.)  Present a pre-approval letter with your offer if it is based on obtaining a loan. 6.  Even though you may be getting financing, you can write the offer as a cash sale with no loan contingency.  You must be confident you will get the loan with no issues. Bidding wars are emotionally tough as someone always loses out.  Give your best and final offer so you have no regrets if you don't get the home.  Contact me if you want to work with a buyer's agent to help you navigate the challenges of buying a home.  603-526-4116, donna@donnaforest.com, www.donnaforest.com

Real estate markets are local, and we have the real scoop on ours. Coldwell Banker Milestone Real Estate