Buying in a hot market – tips for a winning offer?

Relocating to a new county after my wife took a new job, and we’re having a hard time getting our offers accepted. We’re placing offers within 48 hours of the homes hitting the MLS, and usually competing with 5-10 other offers. We’re doing a conventional loan with 20% down, not asking for credit back towards closing costs or down payment, and including escalation clauses up to what we think the home would appraise for, but we keep losing out. What else can we do to make our offer more attractive to sellers?

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Relocating to a new county after my wife took a new job, and we’re having a hard time getting our offers accepted. We’re placing offers within 48 hours of the homes hitting the MLS, and usually competing with 5-10 other offers. We’re doing a conventional loan with 20% down, not asking for credit back towards closing costs or down payment, and including escalation clauses up to what we think the home would appraise for, but we keep losing out. What else can we do to make our offer more attractive to sellers? submitted by /u/Discovensco [link] [comments]

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