So what's a buyer's best strategy in a multiple offer situation?

The seller wants the path of least resistance – be sure your offer has as few strings as possible. Go in with your best offer, not just in dollars, but also terms and conditions.  Cash is always king, but if you don’t have cash, a full pre-approval, not just a pre-qualification letter, is the next best thing.  A full pre-approval takes advanced planning and will entail providing your lender with employment information, tax returns, pay stubs, proof of funds, etc.  Then all that’s left to be done is the appraisal of the home you have contracted.

Many a sale is lost over the possession date.  Have your agent do some homework for you.  Find out what the seller’s ideal title transfer and possession dates are.  Be as flexible as possible.  Try not to ask the seller for concessions, such as payment of your closing costs, if at all possible.  Chattels can be another non-starter.  Save that discussion for after the contract has been negotiated. 

 

Finally – remember that wise sellers are pricing their homes aggressively with the sole intention of selling quickly.  It is not uncommon for homes to sell for more than list price. 

Landscaping does add value to your home!

Statistics have shown that an investment in landscaping could mean a shorter market time and a higher sale price.  It can also translate into a higher appraised value when refinancing.  Your curb appeal speaks volumes. It’s the first thing a buyer, or an appraiser, notices. 

During a home makeover, owners will spend a long time planning a kitchen or bath remodel.  The same attention should be given to your landscaping, which can give you the same return on investment. 

As with any updating, it is always wise to hire an expert.  A landscape architect can make appropriate, easy-to-maintain plant selections that will fit your future needs and lifestyle. Ornamental trees, lit stone walkways, outdoor kitchens, decks and patios will complement your home, provide additional living space and add to your enjoyment – and your bottom line.