826: 5 Steps to Get ANY Home Offer Accepted (WITHOUT Being the Highest Bidder) w/Christian Bachelder and Lindsey Iskierka
Podcast: BiggerPockets Real Estate PodcastPublished On: Tue Oct 03 2023
Description: The 2023 housing market may be the “toughest real estate market” we’ve ever experienced. But, after this episode, we bet your home offer will get accepted, even during a wild seller’s market, even if you’re not offering the highest bid, and EVEN if this is your first time buying a home. While you may THINK that sellers always choose the “highest and best” offer that comes their way, we have a few experts to prove that that’s rarely the case and how you can win even in an impossible housing market. First-time home buyers and veteran investors alike are feeling the sting from this never-ending sellers market. There are still more buyers than sellers, and bidding wars have come back into fashion. Thankfully, a few quick tips from today’s expert agent, Lindsey Iskierka, and David Greene’s own mortgage broker, Christian Bachelder, can help you win the home you love or your next cash-flowing, equity-boosting investment property. We’ll walk through the five steps ANYONE (yes, even you) can take to put yourself in the BEST position to make a bid on a property, how your lender can ensure you DON’T get squeezed into paying more, and the biggest mistake new home buyers make that are costing them their dream home. Stick around because once you put these tips into practice, you could have too many accepted offers on your hands. In This Episode We Cover: How to get your home offer accepted in 2023, EVEN if you’re not the highest bidder Pre-qualification vs. pre-approval and why you CAN’T mistake the two Why you MUST call your lender before putting in ANY property offer (save THOUSANDS) The “rate stack” that could lead to a lower mortgage rate or a credit to closing costs The powerful negotiation tool that could land you tens of thousands at closing One common “hiccup” you MUST avoid when closing on your next property And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Davids's BiggerPockets Profile David's Instagram Subscribe to David’s YouTube Channel BiggerPockets Podcast 805: 2 “Cash Flow” Housing Markets That Are On Track for Big Growth BiggerPockets Podcast 817: 2 “Slam Dunk” Small Multifamily Deals in 2023 (and Where to Find Them) Watch “Mortgage Mondays” with Christian and David Book Mentioned in the Show Long-Distance Real Estate Investing by David Greene Connect with Lindsey: Lindsey's BiggerPockets Profile Lindsey's Email Lindsey's Instagram Connect with Christian: Christian's BiggerPockets Profile Christian's Instagram Christian's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-826 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
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