Offering On More Than One Property

The more offers you make the more chances you have to get a good enough property.

This sort of guidance is available to you if you have a good realtor and have the smart sense to not leave a perfectly good property without an offer just because you are nervous and confused.

If it is forbidden to make multiple offers in your state by law you need to steer clear of it. You can always keep yourself protected legally when you are applying for multiple offers.

Keep contingency plans in your mind. If worst comes for worst you need to be prepared how to get out of that crisis. You will need to pay multiple deposits in multiple offers, to begin with. So in case you think it is a lot of money you can easily back off at the very start.

You will not lose any deposit in escrow and to keep it that way you should keep cheques ready for each payment otherwise your offers will be invalidated if you use one cheque for all. This can result in a loss of deposit.

This is also important because in some states if a seller accepts your offer it becomes a legally ratified agreement. So you can be walking on eggshells with your sellers be watchful.