HOME BUYING TIPS AND TRICKS | Blog Video
There are several reasons that a home buyer or renter would place an offer before looking at the property in California. The main reason to place an offer before seeing the interior is if the prospective buyer or renter is unable to get in to see the property promptly. This could be either because they cannot reach the seller, the buyer is out of the area or they are having trouble connecting or matching scheduling calendars. Placing an offer creates several advantages for the prospective buyer or renter. In California, the listing agent is required to give any and all offers to the property seller or landlord promptly. This ensures that the buyer or renter will not be easily ignored. It allows prospective buyers to get the foot in the door. The gives an insurance policy that the listing agent will not ignore the offeror. A higher offer helps to get priority for obtaining that property, while a low offer can actually help to apply pressure to reduce the price. Aggressive home buyers and renters will outperform their mild and meek competitors, and there is usually little or no risk to placing an offer early. Purchase offers include several contingencies, while rental applications are usually not considered a firm offer until a lease is signed with payment. One caveat: Make sure you know who you are dealing with. Do not send any money or personal information to anyone who is not available to talk on the phone.
The best deals go quickly. Using advanced strategies like sight-unseen offers and unsolicited offers helps to benefit the buyer or renter above the average Joe in the competitive California real estate market. Get a free list of the best deals in Los Angeles real estate. Fill out the online form:
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Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, BRE 01889449, MPR Funding Inc NMLS 2000513. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LAcondoInfo.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.