Tag Archive: multiple offers

Twin Cities Multiple Offers Multiplying

Ok so I've already discussed the surge of multiple offers this year... in fact I just talked about it two weeks ago.  In just the last two weeks I've seen even more examples of multiple offers and they are now becoming the rule on properties priced well.  In just the last 2 days ...

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2009 – The Year of Multiple Offers in the Twin Cities

When I became a Realtor in December of 2002, the housing market was already on its long march up to levels that no one thought possible.  By 2005 we had hit the peak of the market but 2006 was still extremely strong too.One of the things that's been largely missing since 2005/2006 is the situation ...

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Is Buying A Foreclosure Right For Me?

Here is a list of questions to help you figure out if exploring this home-buying avenue is right for you.1. When do I need to move?The timeline for foreclosure/lender mediated properties can be unpredictable response times to an offer in short sale or bank owned can vary. You must have flexibility in your closing date ...

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Greedy Buyer Loses in Multiple Offers

This is a story about a buyer who was too greedy for his own good, and how his underestimating of the situation left him with terrible regret when he lost out on the offer for his "dream home."About a month ago this buyer went looking at new construction in a outer suburb of the Twin ...

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Short Sales & Foreclosures = More Multiple Offers

Sounds kinda funny but many of the foreclosures & short sales I've been showing lately are receiving multiple offers... and are doing so at a much higher rate than the rest of the listings on the market!  In some cases the homes sell for at or above asking price, though most still sell for less ...

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