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Reply to "How to make an offer for a $850K-$950K competitive"
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[quote=Anonymous]For a hot (but not crazy) market, how to make an offer for a $850K-$950K competitive, or at least not grossly uncompetitive? 1) How much earnest money deposit 2) Does the seller know how much you are putting for downpayment? If so, how much over 20% down to put? And 15% down would be seen as uncompetitive? 3) I think appraisal contingency should be included, as would financing contingency. Should one include an inspection contingency, or do a pre-inspection? 4) Current home sale contingency: is it silly? Better sell current home and then buy future home? 5) Not really applicable at that price point, but I guess FHA or VA is silly, right? Thanks[/quote]
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