Ep. 71 - What is a Bedroom? And… Cash or Financing?

In various episodes of Real Estate Finder, we discuss what makes a bedroom? A window?  A door? A closet? Or is there more?  If a bedroom is inside a bedroom, is it still a bedroom? What say you?  We had a busy weekend and went under contract on two properties. One of them stated in the MLS that a credit would be issued towards turning a loft space into a 4th bedroom. It’s a smart move because it’s better to market a 3 bedroom with a loft and a credit towards altering the loft than disappoint buyers who expect a 4th bedroom. If you’ve been a loyal listener, you know we like to underpromise and over-deliver.  In a multiple offer situation, you receive 4 cash offers all around the same amount and 1 financed offer that is $200K higher, which offer do you take? Listen in as we discuss the pros and cons of each choice.  Have you been in this situation, do you call the mortgage company and ask about the buyers financial status?  What else would you do to ensure you were choosing the buyer with the most chance of closing?  We hope you enjoy listening as much as we enjoyed talking on the Real Estate Finder Podcast. Upcoming events: You don’t need to keep kosher to enjoy  February 22 Red Meat Kosher Club www.Redmeatkosherclub.com March 12 Boca Raton Championship Wrestling https://bocaratonwrestling.com April 15th Over The Edge!!! https://give.gktw.org/team/434656 Sign up and join my team! Shop podcast T-shirts:   https://www.prowrestlingtees.com/matthewmania Brought to you by: Matthew H. Maschler, Esq. Real Estate Broker (561) 208-3334 [email protected] www.RealEstateFinder.com 6699 North Federal Highway, Suite 103 Boca Raton, FL 33487 And check out our other Podcasts: https://www.realestatefinder.com/podcasts/ Shop: https://www.prowrestlingtees.com/matthewmania Member of the Palm Beach Board of REALTORS®, the Miami Association of REALTORS®, the Naples Areas Board of REALTORS®, Orlando Regional REALTOR® Association and R-World Broward, Palm Beaches, and St Lucie REALTORS®. Help Israel Now! All support goes Straight to Israel's Soldiers www.yasharlachayal.org Learn how to support our efforts to provide housing in Haiti http://www.frank-mckinney.com/caring-house-project Ask about joining the Signature team! Learn more about the Signature Real Estate Companies and why you should join South Florida's real estate industry leaders, Ranked #1 in Boca Raton, #25 in Florida and #336 in the Nation. www.SignatureRecruiter.com Offices in Boca Raton, Delray Beach, Coral Springs / Parkland, Ft Lauderdale, Miami, Naples, Palm Beach, Orlando and throughout Florida. And be sure to check out www.BocaRatonWrestling.com