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Buying a home in la jolla   what to do if the home you want has multiple offers
 

Buying a home in la jolla what to do if the home you want has multiple offers

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When markets for homes start to pick up, many buyers are likely to be caught off the sidelines. There is usually competition for houses that result from things like low or federal economy or when ...

When markets for homes start to pick up, many buyers are likely to be caught off the sidelines. There is usually competition for houses that result from things like low or federal economy or when certain city or neighborhood becomes popular all of a sudden.

For more information kindly visit us at http://lajollasandiegohomes.com/

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    Buying a home in la jolla   what to do if the home you want has multiple offers Buying a home in la jolla what to do if the home you want has multiple offers Presentation Transcript

    • Buying a Home In La Jolla -What to Do If the Home YouWant Has Multiple Offers Brought to you by www.LaJollaSanDiegoHomes.com
    • Buying a Home In La Jolla - What to Do If the Home You Want Has Multiple OffersWhen markets for homes start to pick up, many buyers arelikely to be caught off the sidelines.There is usually competition for houses that result fromthings like low or federal economy or when certain city orneighborhood becomes popular all of a sudden.As a result there will be increase in home prices due to theincreased demand from buyers some who may exceedyour asking prices or even give bonuses so as to get thehome.
    • Buying a Home In La Jolla - What to Do If the Home You Want Has Multiple OffersIn situations like that, the chances of being faced withmultiple offers are high.You will therefore need to know what to do if the homeyou want has multiple offers.Avoid over-analyzing the other offers
    • Buying a Home In La Jolla - What to Do If the Home You Want Has Multiple OffersAfter you have viewed a lot of property listings and madeyour mind about the home you want, the sellers agentmay tell you that there is another offer on that home.You will need to juts concur with the agents word but onlytake it as a data point.Do not spend too much time trying to find out what ishappening with the other offers.
    • Buying a Home In La Jolla - What to Do If the Home You Want Has Multiple OffersIf you want that particular home because you love it thenjust keep moving forward at your own speed.Make sure that you are contended with that offer andmake it only when you feel comfortable doing so.Nobody should pressure you into making an offer so as tocomplete it especially if you are not prepared to bid on it.
    • Buying a Home In La Jolla - What to Do If the Home You Want Has Multiple OffersIf you have to decline an offer, consider the risksIf you reject a reasonable offer that has got good termsfrom a buyer who is able, willing and ready to sell you ahome, know that you may still owe the agent their fullcommission.This is because the agent did their part of the agreement.
    • Buying a Home In La Jolla - What to Do If the Home You Want Has Multiple OffersIf you later on accept a different offer, you will owe thatagent commission too.Note that the commission may not be little money.For instance, if a home you want to buy goes for 200,000dollars and the commission you are required to pay theagent is 6% of the cost of the house, it implies that you willhave lost 12,000 dollars plus an additional of the sameamount to the two agents you dealt with.
    • Buying a Home In La Jolla - What to Do If the Home You Want Has Multiple OffersThe focus of your negotiations should be with the sellerThe agent may tell you that the offer on the home is goingat a better price, it has a quicker close or its downpayment is large.That should not be something to focus your attention onsince the seller will still be looking at the offer and alsoworking with it as he or she considers other situations.
    • Buying a Home In La Jolla - What to Do If the Home You Want Has Multiple OffersIt may also be a horrible offer from an agent that is notfamiliar with local protocols as well as customs.Do not be distracted by other people that are also makingoffers on the same home.Instead, let your negotiations be with the seller andremember that you are not negotiating with other buyers.
    • Buying a Home In La Jolla - What to Do If the Home You Want Has Multiple OffersSearching for homes for sale in la jolla california? I can helpyou! Just my site today at http://lajollasandiegohomes.com
    • Buying a Home In La Jolla -What to Do If the Home YouWant Has Multiple Offers Brought to you by www.LaJollaSanDiegoHomes.com