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 episode 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.
You can listen on Apple iTunes or wherever else you listen to your favorite podcasts, or check out the full video version at the links below!
Have a rate day!