The Winning Bid (Out-Bid Those Other Multiple House Purchase Offers!)

Multiple real estate purchase offers happen with frequency in a market with not enough homes and too many eager Buyers. It also happens on really desirable properties. Of course this is great for the Seller of that property and the values for that area, but only 1 Buyer will take home the prize. The losing bidders will have to go find another one. I have personally seen a Buyer from my office recently compete with 34 other offers on a property. He had the Winning Bid. What set his offer apart, as far as we can tell, is the fact that he was purchasing with Hard Money.

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