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Hand-in-Hand Teaching Guide to key in Multiple Offer Procedure Form

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Multiple Offer Procedure Form Demand Assistance

how's it going everyone mat lady and.welcome back to another real estate.video in today's video we're gonna talk.about how to win a competitive offered.situation six ways that you can win in a.multiple offer bidding award situation.guys in the marketplace we're seeing a.lot of multiple contracts on the same.property a lot of people want to buy the.same house or a condo or townhouse so.hopefully in this video you'll learn six.creative ways that you can have your.offer stand out from other offers all.right so that being started let's dive.right on into it with the first thing.that you can do to set your offer apart.from other offers you ready and that is.to have a clean contract guys clean.contract what do I mean by this if you.are purchasing a property and there's.gonna be multiple offers you can't have.any wild contingencies wild addendums in.there the first thing that comes to mind.is the sale of home contingency so if.you're buying a property that purchased.you know sometimes it's contingent upon.you selling your own property but in a.multiple offer situation if you include.that addendum you're gonna be at the.bottom of the totem pole because those.other buyers most likely will not.include that addendum which you know.could end up hurting the sale if they.were to take the sale at home in denden.that may not allow the sale to go.through if something were to happen when.you're selling your house so have the.clean contract guys and if you're asking.for a whole warranty don't let the.sellers pay don't ask the sellers to pay.for it if you're doing a termite.inspection don't have the sellers pay.for that guys that's just gonna get a.big red X on the contract clean that up.a little bit and have your contract.stand out by not including any wild.addendums all right number two we got.here we go the escalation clause my mind.she can scratch handwriting careful got.to be careful on this one guys the.escalation Clause can hurt you it could.also help you okay so what do I mean by.this the escalation clause when you put.in a clause that states that you're.gonna raise your offer a certain dollar.amount over the next highest offer.usually used for multiple offers guys.make sure there's multiple offers on the.table when you actually submit your.escalation Clause it's a listing agent a.couple months ago.we got a contract for about 300,000 in.an escalation of 320 but there are no.other offers so we just countered their.offer at 3:20 and they ended up taking.that offers so that's a situation where.that buyer lost twenty thousand dollars.because they didn't understand or maybe.their agent really didn't understand.that we only had one offer on the table.so when you're using this escalation.Clause make sure you know what you're.doing okay make sure that there's going.to be multiple offers make sure you.understand the ramifications if it does.go up to your highest price so I would.say use the escalation Clause carefully.alright let's move on to number three.that's gonna be close on their terms be.flexible guys money matters but timing.matters as well so figure out when the.sellers want to close is the house.vacant are they living there are they.building a new house where maybe they.need to settle but then maybe need a 60.day rent back where they want to live.there for a little bit longer so figure.out when the sellers going to close.close on their time frame be flexible.because hopefully the timing of it is.not what loses you this this offer in.this deal if it especially if it's your.dream house so be sure you're closing on.their terms to stand out for maybe other.offers that say no May 1st or bust so.close on their terms all right number.four this is going to be communication.talk with the listing agent figure out.what's important to the sellers is price.more most important usually it is what.else do they want to see in a contract.okay so you got to talk with the agent.when are they taking offers is there an.offer deadline sometimes for multiple.proffer situations they take contracts.Monday at 4 p.m. Tuesday at 5 p.m. or.after the open house so do you wait to.that time to submit your offer or if you.submit your offer early put a deadline.in there and have such a competitive.offer that maybe the sellers are forced.to take your contract before the agents.deadline so a little bit of gamesmanship.there figure out.you know the most aggressive tactic that.you want to use do you want to put in a.deadline do you want to wait to the to.their own deadline or do you want to.kind of play by your own rules so that's.only done if you talk with the agent.don't just submit your contract and you.know sit back and wait to hear back I.see the reactive approaches usually.never that the best approach so talk.with the listing agent or if you're you.know if you're working with a buyer's.agent have your buyer's agent be on.speed dial with that listing agent it.will help out tremendously okay number.five all right here we go number five is.to buy a new pen no number five is to.include a letter guys include a letter.maybe even a picture with your offer in.the age of Google knowing the sellers.name and building a relationship guys.what is the harm in submitting a letter.obviously if your offer is like fifty.thousand dollars less than the next.sized offer a letter about how you want.to grow your family like they did and.you know move into that white picket.fence with your like golden retriever.maybe it won't work but if your offers.are so close and the only thing that.sets it aside is that you saw on.LinkedIn that the seller also went to.James Madison University and you include.that in your letter that you went to.James Madison University well hey that.just might set you apart if you have two.identical contracts that you're looking.at so don't sleep on not including a.letter consider including a handwritten.letter and maybe even like a picture of.your family so something to consider.creative solution finally number six you.knew I was gonna get here all right.close enough wave contingencies okay so.what do I mean by this the home.inspection usually the first thing.that's waved in a multiple offer.situation so you want to say an out take.out the home inspection contingency be.careful guys maybe consider a pre.inspection where you get in before you.submit your offer to conduct the home.inspection maybe do a pass/fail home.inspection or you could obviously just.take the home inspection out fully be.sure you're talking with your agent so.you understand the.risks the other contingencies you could.wait you could wait financing you could.waive the appraisal these are very risky.I usually do not recommend these for.first-time homebuyers or any buyers in.general even if it is your dream house.there might be a you might be making a.huge financial mistake if something were.to go wrong you have no fallback you.have no way out so understand don't just.wave everything don't get emotional.about it.figure out what's best for your.situation maybe it makes sense to wait.contingencies maybe you work through.these five things you get here and you.want to wait it all right so that being.said these are the six creative ways on.how to win a competitive offer situation.hope you enjoyed this video if you.learned anything be sure to the thumbs.up button and I'll catch you in the next.one until next time create a productive.day.take care.

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Multiple Offer Procedure Form FAQs

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What is the procedure to fill out the DU admission form? How many colleges and courses can I fill in?

I saw this page which is really helpful and will guide you with the correct way to fill the registration form Login • Instagram . The form is applicable for all the colleges and courses under DU except for Stephens and JMC, that have their own form. You can DM them with your other queries too!

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Form 15G is the form which you give to Bank requesting them not to deduct tax as the liability is on you to state the interest as your income in returns, now a days banks are deducting TDS directly and hence Form 15G may be void now a days.

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It is not difficult. Every year CSJM university organises left over viva examination in university campus. For this contact Registrar University. Fill a form. Submit the fees. Usually such viva takes.place in summer months. You can get contact information from csjm website

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Visit this site The GRE Tests . Register yourself. Fill the form, choose a date and make the payment. You are done. If you need any specific help, you can contact me anytime. Thanks

How do you bid on a house with multiple offers?

Yes the exact term is simultaneous offers. In hot markets or those with low inventory finding a home can be challenging A buyer many times gets frustrated losing out on home offers to other buyers. FHA financing, lower down payments , contingent on selling your home are all f actors in hindering the buying process. By making simultaneous offers hopefully one can land a home close to their ideal. the only danger is having multiple offers accepted at once. No need to worry a good agent can navigate you through these sticky situations.

What does multi Offer mean?

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What would you do if a perfect stranger stopped by your house, gave you a bag containing a million dollars, said to you, "Take it, it's yours", and then walked away?

I'd think, "Wow, finally, here's that million bucks this guy owed me from 3 lifetimes ago. Sometimes karma isn't a bitch" Then, I'd take it straight to the bank and have it checked for authenticity. If its real, I deposit it. If not, toss it. Then, I pay it forward, I give to all of my favorite charities. I've got everything I need. People are hungry and have no shoes. Research needs to be done for diseases that kill children. Animals need food and shelter, people devastated by natural disasters need help. I'd give every dime of it back, as easily as it came to me, and with great joy. W Continue Reading

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