Warning On Highest & Best Offers With Financing

by Tim Hart | Mar 11, 2021 12:51:00 PM

Highest and Best Offer Strategy 2021

The housing market right now as this post goes live in March of 2021 is like we have never seen before and the demand for houses in Florida is high.

As a result in SWFL our buyers being told that they are in a multiple offer situation has become more and more common. Many buyers want the house and are willing to offer whatever they need to so they can win the contract. If you are paying cash for a house then this is a not a problem. The main issue for buyers that need financing is that you can get an appraisal below the sales price.

Check out this video to learn more about these potential problems.

 

Feel free to share this with someone that is currently looking for a house. It may save them money and time.

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Born and raised in Southwest Florida, I have been in the Mortgage business since 2001 I'm a grizzly, battle tested mortgage veteran. I am also the Host of Rates & Reels, which is the most popular fishing show in Southwest Florida, hosted by a guy named Tim. In my spare time I love spending time with my family, coaching baseball, and anything else my kids or wife want me to do. I would be happy to help you or someone you know with any of your Mortgage needs.

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