Know Your Numbers | If You’re Going To Overbid On A Property

Graham Pruitt

Published 2 months ago

Hello, I wanted to get this sample TCA on how "over bidding" on a property could be the trick to get you that property. But, you need to know your numbers and your need a expert Loan Officer who knows how to structure the financing. Example: Sales Price 740K | You want to put 20% Down | You have a 780 middle FICO and you really want to this home. Hurdle: Comps are in the range of 660k to 700K range. Problem: You think you need additional funds to close or have to deal with PMI or even have a payment that becomes to high and unaffordable. Solution: Watch the video below and I'll show you how in the worse case scenario ( overpaid by 80k ) plays out........... Hint: your payment would only go up by $86.00 and cash to close would be less!!

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Scott C.

"Great experience with Graham and his team at Intercoastal."


Roberto E.

"Graham is the man! He was very knowledgeable in regards to the market, our buying requirements, and costs. We highly recommend Graham and his team. I will be recommending Graham to all of our friends and family! Thank you."


Simone P.

"Everything was so easy--excellent communication, and we're grateful to Graham for advocating for our behalf so that we could get our offer accepted!"


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