Hi All
I'm in the process of buying a PPOR at last, and have put a few offers in over the last few weeks. Every time I have, I've been notified all of a sudden that there's another offer and it'll be a multi situation, so I need to submit my 'best offer' right away.
Now, if I were jumping on listings the day they came to market this wouldn't be unexpected, but the property I'm offering on today has been on the market over a month with little interest. It seems awfully suspicious that someone else placed an offer a single day before I choose to.
Anyone aware of any way to determine whether a multi offer is genuine? Besides calling the bluff and pulling out of the process, that is?
I'm in the process of buying a PPOR at last, and have put a few offers in over the last few weeks. Every time I have, I've been notified all of a sudden that there's another offer and it'll be a multi situation, so I need to submit my 'best offer' right away.
Now, if I were jumping on listings the day they came to market this wouldn't be unexpected, but the property I'm offering on today has been on the market over a month with little interest. It seems awfully suspicious that someone else placed an offer a single day before I choose to.
Anyone aware of any way to determine whether a multi offer is genuine? Besides calling the bluff and pulling out of the process, that is?
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