MICHAEL WELCOME TO TEXAS,
CONCERN: Never purchase a home or lease a home UNLESS you have your own real estate agent not deal direct with a builder, seller, listing agent, or the bank. We answer soooooooooo many calls and emails on a daily bases where buyers have made that mistake at that time EXTREMELY tooooo late for a realtor to become involved
NOTE: When you have a real estate agent who reprsents you'll fall under their E & O insurance, a realtor and their broker who can defend you, getting involved with real estate without proper representation you can be sued. Besides there are many particulars a seller must follow in the State of Texas must comply with the law if they don't using a Dallas real estate agent can enforce the seller comply with the manadated laws
QUESTION: I don't know what you mean in regarding "bid on homes" are you talking about Dallas HUD home, Dallas bank foreclosure, Dallas builder property? I am at a lost in order to answer that question
ANSWER: "Make sense to offer the avg. per sq. ft of sold homes" ... How do you know what the average sq. ft is if you don't have a real estate agent working with the CMA's on the property to secure a winning bid. There is more involved in order to submit an offer on a property to win a bid, and determining what price tooooo offer.
LOW BALL OFFER: If you wanted to low ball an offer it depends on many factors if you low ball in an incorrect way it can insult the seller, bank, builder, listing agent it can turn against you where you loose that opportunity, shut down the negotiations, it can cost you $1000's more at closing. There is a right way to do so
DALLAS REAL ESTATE TO SUBMIT an offer: In order to submit an offer you must be pre-approved for a loan, the letter must be attached to an offer. No builder, seller, listing agent, bank, will consider an offer unless you have the lender letter
TEXAS LENDING: I am a Dallas home mortgage loan officer & Dallas real estate agent, there are many nationwide consideration that recently took place your financial files need to be in order. I just declined an offer on one of my listings I know what works the buyer was no longer qualified to purchase the property that changed over the past 30 days I hated to decline the offer however lenders are now tough
DALLAS REAL ESTATE: McKinney, Prosper, Frisco, I just had a GREAT couple who is relocating in this area YES I showed over 215 homes to them, I have been in many GREAT foreclosures below market value move in quality, and either Dallas new home foreclosures from a builder, or less than a few years old
BUYER REBATE PROGRAM: We offer a buyer rebate program where you can earn up to 50% of our commissions which saves you $1000's .
Contact my office if I can be of any further assistance