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From: Antonio V.
Category: essay paid
Added: 24.04.2021
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K and I recently bought an investment property to house hack. This is the 4th post of a new series on strategy and tactics for how to house hack in an expensive market, using our own example as a case study. The strategy for writing an offer depends heavily on how competitive the market is. Many have inventory shortages.
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10 Tips for Writing a Great Purchase Offer

Especially in a city like SF where sellers are likely to get multiple, very similar bids, it can be helpful to write a letter to the seller of the home. It can seem cumbersome and even a little silly, but it could also make the difference from getting your dream home or not. Add in details about the home when you can, like how you love the built-in banquette or the particular street in that particular neighborhood. A little compliment never hurts. Your real estate agent may be able to help you find out what you have in common with the seller that can help you connect on a personal level. It worked and they got their dream home! If your offers been trumped in the past, this letter is not the time to complain about it.
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The estate agent is then required to put this forward to the owner by law unless the seller has asked not to receive offers below a certain price. The better you can make your offer look, the more likely it is to be accepted. As above, always include lease length and service charge if appropriate as estate agents frequently get these wrong. To get the best price you need to be as flexible as possible. If the property is overpriced give comparable property sales to prove your offer makes sense in the current market.
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Another day, another unsolicited offer to buy property. Or an unsolicited phone call or text. Why are they bothering you, and what can you do about it? But until the real estate market cools down, investors will keep calling you if you match the profile of someone they think might be willing to sell. The motivation behind an unsolicited offer to buy property is always to get property cheap.
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