Costa Mesa's Neighborhood Blog: "Winning" A Costa Mesa Home that has Multiple Offers

A blog about Newport and Costa Mesa with an emphasis on Costa Mesa Real Estate and Newport Beach Real Estate, written by a lifetime local resident of coastal Orange County whose knowledge of the area, combined with a strong background in mortgages, real estate and being an attorney, gives her clients many advantages.

"Winning" A Costa Mesa Home that has Multiple Offers

"Winning" A Costa Mesa Home that has Multiple Offers

 

In today's Costa Mesa real estate market, the buyers are competing for very few homes with extremely low inventory. There is currently less than two months' inventory in Costa Mesa, meaning that if no homes were put up for sale in the next two months and homes continued to sell at the current rate, then all the homes would be sold in less than two months.

 

Selling a Costa Mesa Home

 

 

Today it is common for well priced Costa Mesa homes for sale to receive multiple offers in the first week or two on the market. The result is many frustrated buyers who wonder if they will ever be able to buy a home in the competitive, hot market that is reminiscent of just a few short years ago.

Some buyers wonder if the only thing they can do is simply outbid all other parties. For some Costa Mesa sellers, this is the most important consideration, but for many others, there are different factors that go into the decision on which buyer to choose.

  • Type of Financing
  • Down Payment
  • Earnest Money Deposit
  • Cash Reserves

These are just a few things that a seller might consider when making the final decision on which offers to accept. There are other things that I recommend to my Costa Mesa buyers to help them be the chosen buyers. The package and presentation are also important as the marketing companies have known for many years.

If you are considering buying a Costa Mesa home and want to be well represented when the sellers are viewing numerous offers, please contact Christine Donovan at 714-319-9751, to discuss how to get your offer accepted in this sellers' market.

Originally posted at: Buying a Costa Mesa Home with Multiple Offers

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About the author: Christine Donovan is a California Residential Real Estate Broker with experience in assisting clients buy and sell residential real estate.

Are you upside down in your home? Is it worth less than you owe? Are you concerned about making your mortgage payment? For more information see Options to Foreclosures, understanding short sales or contact me at christine@donovanblatt.com to discuss your options.

If you want to buy a home or to list your property for sale, please click Newport Beach homes, Costa Mesa homes, Huntington Beach homes or Orange County homes.  Click the link if you are interested in buying a home at a courthouse auction sale.

Contact me at christine@donovanblatt.com or 714-319-9751 to learn about her system which will make your buying and selling experience easier.

Disclaimer: All information in this blog is deemed reliable but is subject to change at any time and is not guaranteed to be accurate nor are there any warantees either express or implied. This blog is not intended to offer any legal, tax or other advice.

Click Orange County homes for sale to view all OC homes for sale.

Comment balloon 0 commentsChristine Donovan • September 23 2012 07:42PM

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