Not All Riverside Home Offers are Created Equal

Here in southern California, the word has spread that NOW is the time to buy. The number of residential sales is up drastically month over month and public opinion has shifted. Those who have been waiting and waiting for this bottoming out of the market to occur are now jumping at the opportunity to purchase their first home, upgrade to a larger home, or pick up that investment property they’ve been talking about. this buying frenzy is great for our market and is certainly helping to reduce available inventory, BUT…

It is creating a whole new dilemma for those looking to buy. Each day our inventory of homes is shrinking and each day when we as Realtors run our property searches for new listings we are coming up with less and less options for our clients. Many potential buyers are putting in offers on multiple properties only to be out bid each and every time. After weeks or even months (ouch!) of doing this, the clients get discouraged and their Realtor gets frustrated. The end result of this in many cases is that the buyers either give up all together or they settle for something very different from what they actually want. Either way you end up with an unhappy/dissatisfied client.
This does not have to be the case, there is an ART to writing offers in a way that makes them more attractive to the banks and there are often ways to overcome bank objections to VA or FHA financing. If you are considering purchasing in Southern California this year, you will need to select a Realtor that is ready to do the extra work involved in getting your offer in front of the people who make the decisions. It is not uncommon for new listings to receive ten or twenty offers within days of being listed on the MLS. How will your offer compare? Will it stand out above the rest? Unfortunately not all offers on Riverside homes for sale are created equally, the little details, the presentation, and the submission of a completed packet are crucial in an offer making the cut. If you are looking for Realtor who has the experience and dedication needed to help you into your new home contact me today for more information.