The LBI real estate market is a competitive market. With a stronger economy over the last few years we have seen more and more cash offers being made. This change has helped to increase property values throughout the LBI real estate market. This is especially true of vacant land or tear down properties with the intention to build a new home. In many transactions, but especially in the tear down market, we will see offers which can put buyers with a mortgage at a disadvantage throughout the negotiation. Fortunately, there are ways to strengthen your position when dealing with LBI real estate cash offers to remain competitive.
By : Nathan Colmer |LBI Real Estate Agent | The Van Dyk Group