- Put on your gambling hat, because that is what you are doing…rolling the dice. You are throwing out an offer, in the hopes that your number comes up, so that the seller signs the contract and the bank (who needs to approve the price) thinks your price is also acceptable.
- If the property looks great, chances are that there will
be other offers on it within days. There is no time to think
about it or over-analyze…take your best shot, as you
may not have a second chance. - If the property is well priced and in a desirable area, chances are the offers will be above full price…sometimes waaayyy above listed price, higher than you would have thought to bid. If you do not get the winning bid, will you wish you bet higher?
- Stay unemotional and do not get anxious… This is not Wal Mart where you can just walk in, pay for something and use it tomorrow. Waiting for the bank to respond may take months of time and drain every ounce of your patience
Last but not least, buckle up…it may be the ride of your life, with many twists, turns and lots of bumps. If you can hang in there, you just may end up with a bargain of a lifetime.
To receive more info on short sales, e-mail us a request to Info@OrlandoBuyersBroker.com.