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Brett Williford
Cell: (937) 477-3223

Posts from October 2nd, 2023

The Williford Group Blog

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October
2

There are some success stories among the doom and gloom of the market for home-buyers!  A recent first-time buyer looked at virtually every home that came up for sale between $80,000 and $155,000 - and many of those were pretty rough!

He'd done his due diligence:

  • Fully pre-approved with a reputable local lender.
  • Firm grasp of his Haves vs. Wants in a first-time home.
  • Process for qualifying potential homes and eliminating them from reviewing the MLS or a curbside drive-by.

We'd offered on several, losing a couple at the maximum of his pre-approval, another after reviewing the ARV (As Repaired Value) and his acquisition / improvement cost.

A couple of the losses were painful, one in particular had tugged at his heart strings.  To further augment his offers, we asked his lender to fully underwrite him as a buyer - leaving only property considerations and final approval at stake.

This buyer was very conscious o...

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