Are Vultures Keeping You From Buying A Mirami Foreclosure?

Lots Of Offers But Nothing Gets Accepted?

If you are trying to buy a foreclosure in the Miami area and can't seem to get one of your offers accepted, it's not the investors (sometimes referred to as vultures) that are keeping you from getting your offer accepted.

How Are You Formulating Your Offers?

Are you using an experienced Realtor? Or do you deduct 15% or 20% from the asking price and submit that as your offer? Just because banks must be eager to get rid of the property it doesn't mean that they themselves have not done their homework on the current market value of that property? You must do your homework also! If you're not using a qualified Realtor to help you structure your offer you may not realize that this in fact could be the reason why you are not getting your offers accepted.

Bank Owned Doesn't Mean That You Can Buy It At A Steal.

Banks want to move their inventory and many of them do in fact place their properties on the market at an aggressive selling price. A qualified Realtor will not only help you identify what is priced right, he should be able to ask the right questions which may place you as the highest and best offer.

Lots of the bank owned property on the market is in a multiple offer situation. It is not uncommon for a well priced home to get 5, 6 or 10 offers within the first few days on the market. In these cases, it is very common to see offers for more than the listed price. A qualified Realtor can help you formulate your highest and best offer and after a couple of attempts, you should have one accepted!!

Sergio Rebollo Jr.
Licensed Realtor
Exit Prime Realty
www.SergioRebollo.com
305-582-4062