managing buyers

In our previous blogs we’ve talked about the art of pricing your newly renovated rehab property.  To summarize it’s all about finding the balance between setting the highest price and not letting your property linger on the market.  Let’s assume you’ve carefully done your homework and – voila!  You now have an offer or two to ponder.  It’s an exciting news, but as a grizzled hard money lender and a real estate investor, I have some words of caution.  If you give in to wishful thinking and let your guard down at this stage, you can jeopardize the timely sale of your property.  You might also lower its value in the eyes of potential buyers and kiss your best price good-bye.  Do NOT get euphoric.  Proceed with caution.

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