Published June 8, 2021
How Can You Win Against Cash Offers?
Here are three strategies to help you win against the cash offers.
We're hearing a lot about people who don’t want to make offers or even go out looking for a house because they're afraid that they're going to lose to a cash offer. We've come up with three different ways to beat the cash offers:
1. Get pre-approved through a local lender. This is more important than ever now. Your offer will be taken very seriously.
2. Buy a buy-it-now priced house. There are a lot of houses out there; we have dozens of them that are off the market and have a specific price you can buy them for right now. If one of these is the right house for you, you won’t have to compete against other buyers to get it.
"Getting pre-approved by a local lender is more important than ever."
3. No appraisal, financing, or limited repairs. This is a very powerful thing. People like cash offers because there's no appraisal, the deal won't fall through because the buyers don't get financing, and they're not going to be asked for a bunch of repairs. We can put you in a position through our counseling so you can remove a couple of these things or maybe all of them.
We have more strategies if you are interested in buying a house but you're uncertain about going up against cash offers. Give us a call at 901-461-6900 or email us and we can set up a time to go over a strategy that will fit exactly what you're looking to do so that you can get a house in today's market.
