Over the last few weeks a trend is emerging. Properties reach a price point that is so good that the property will change hands. Places can sit for what seems like forever and then have two or three offers in the same day. TRUE! This situation has caused several people disappointment. Why? Because when they were ready to make an offer - they really were not ready. Their financing was not in place. The best buys goes to those who are ready. If you want to land one of the great deals that come up every few days or weeks - go get your financing set up. You must have cash or a pre-approval letter to be taken seriously. A good lender can pre-approve you in as little as one day. If you have a few tricky issues, it might take a little more time. Don't let the property you want slip through your fingers because it seems like there is plenty of time. The time to get financing in place is now - that is if you want to land a great buy. |
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