What you need to know about multiple offers when buying a home [Video]

Earlier this week’ during our Seattle Real Estate Chat, Jim Reppond of Coldwell Banker Danforth and I discussed multiple offers, which we are seeing a lot of in the greater Seattle area.

Here’s our “show” from this week and learn more about what you need to know before you find yourself in a multiple offer situation.

I discussed that home buyers in a market where multiple offers are taking place, may want to consider taking their preapproval letter up a notch by getting a Letter of Loan Commitment.

Our next show is set for Tuesday, September 10, 2013 at 10:00 am Seattle time. We’ll be chatting about things borrowers should avoid during the mortgage process.

Join us!  You can find us on Twitter at @SeattleREchat #SeattleREchat