John and Laura put an offer on a duplex with a large shop yesterday $127,000.00. This was a very hot property, lots of interest, bank owned, the price had been lowered for the second time. There were six offers on this property and John and Laura waited and wondered if their offer would be accepted. One day later, they found out their offer was accepted. So, why was their offer accepted over the other 6? There were a few differences:
1. They offered slightly above the asking price.
2. They offered cash and provided a proof of funds letter.
3. They did not require an inspection.
This is a great property, more will be posted as time and the deal moves forward.
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