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Back Inside the Bubble!
by Becky Jackson
First time home buyers are the action area these days, and I have had great fun working with a few of them. This weekend I found myself writing an offer for a “FTHB” client and our offer was the 5th to be written! It’s a cute bungalow in Southeast Portland, so naturally, it’s a popular property. Fortunately, this client is well qualified, has a generous down-payment and a great job. Her offer should be competitive with the best.
But it may not end with 5 offers. The seller, a lending institution, has made it a policy to list the house for 10 days, collecting offers, before deciding on a buyer. So we will be on pins and needles through another weekend before the client has her answer!
In this buyer niche it’s like 2005 all over again!
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