Picking which one to choose might seem like a no-brainer to most people- you choose the one that is offering the highest price, duh! However, things aren’t always so black and white. There are other factors to consider. Are all of your offers pre-approved by a mortgage company? Is anyone offering cash? And honestly, how do you feel about each of the prospective buyers? It’s fine to lend -some- emotion to the home buying and selling processes. For more information, check out this article by Lynn Pineda at the Imagine Your House Blog:
-Make sure the buyer’s credit report has been thoroughly reviewed
-Make sure buyer’s income and assets have been reviewed
-How much is the offer? Can they back it up?