How Much Should I Offer On A Home In Cupertino With Multiple Offers?
By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
Anyone trying to buy a home in Cupertino right now knows that it is tough out there. There are many more buyers than sellers and many Cupertino homes sell with multiple offers way over list price. Some homes go as much as 30% over asking, but some do not. How does a buyer make the decision about how much to offer to have the winning bid in a Cupertino multiple offer situation and not overpay? The answer is not simple, and sometimes it is not a question of price, but terms, like contingencies, length of escrow, length of rent back, etc. But for right now, let's just discuss price. Here are some things to keep in mind when you make an offer on a Cupertino home in a multiple offer situation, 1. In my opinion the most important thing is, how much is ...
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