You need to find a good Realtor who will give you a CMA (Current Market Analysis) on the subject property, a history of the property and find out if the property has multiple offers. If the latter happens, you need to make the offer either a full price offer or at least $500.00 over the listing price. Your finances must be ready and in place, your earnest money must be at least 1% of the asking price and you must be able to hang in there for a long ride...short sales could take months especially when there are more than 2 lenders or that the subject property has not been approved for short sale. Good luck Sam!... more
Hi there. You really must get in touch with a mortgage broker to get that question answered. I work with an amazing lender who, if it can be done, will get it done! Let me know if you need a recommendation.
Chastity 541--941-1627 and the BEST of luck!... more
As an Ashland Realtor, I will give you an Ashland answer. Please let it be noted up front that there is some stereotyping, and attempts at humor here, and to not get offended or take me too seriously.
Ashland is the greatest place on Earth, and seller's know it. Cash is only part of what an Ashland seller needs. They also need to know that you will love the house as much as they do. Does the buyer not only have enough money, will they make sure the Feng Shui stays good. That there is still room to do Yoga in the front where the East light comes in in the morning. Don't forget that there needs to be room in the garage for your Prius, Bicylce, and Scooter. You are a master gardener, right? Volunteer regularly at the Shakespeare and Britt Festivals?
Sellers frequently have egos about their house, the price they are asking, and what they perceive as what they have already lost on it because they didn't sell it 3 years ago. Also factors such as motivation (if it is a couple do both people want to sell), how much they may owe, how much they bought it for,
Almost everything in Ashland sells within 95% of the final asking price.....it is the mentality here. The sellers come to grips with their price if it is too high slowly...reduce the price....and when it becomes appropriately priced...they take an offer within 95%. Now this may be 80% of their original asking price...but it was on their terms.
I assume because you have made an offer, that you are working with an agent who is representing your needs as a buyers broker. I would ask them their experiences with sellers here in the area. Also they should know the differences between Realtors, and the different styles that local Realtors have. That is one of the benefits of hiring a good local Realtor to represent your needs.
Ultimately though is if your best offer is not good enough at this time for the seller to take...it doesn't matter if it is cash, or a loan.... more
I've been showing property in Ashland to a very knowleagel and qualified buyer. One thing I have noticed is that some properties in Ashland are listed above the average price per s.f for the area. Some have a great view but small sq. footage. Don't be affraid to make an offer using SOLD comps in the area. You will find many homes in Ashland have been on the market for sooooo long they are selling well below the asking price. And if a broker questions your offer show them the SOLD comps and the days on the market. Good Luck.... more
When you hire(d) an agent, you should ask what their internet marketing plan is. In addtion to Trulia, Craigslist, Realtor.com, Zillow, Bob Villa.net, Move2Oregon.com, their person website, their company website, and if a major franchise, the franchise website, etc....
The list is practically endless.
The latest survey of buyers conducted by the National Association of Realtors show that more than 80% of buyers find the internet a valuable source of information.
The only source more important than the internet is the buyer's realtor.
Good luck on your home sale.