No offers accepted in Benton Arkansas
Alright, for the past two months or so I have been on the search for a good rehab property around my home town ( Benton, Arkansas) mainly because I know the area so well, which seems like a good idea when it comes to choosing your farming zone. With the help of an agent, we've put offers in on (3) different properties. Unfortunately, we have yet to have one accepted.
If the deal is good, which the very last one looked to be, we offer a little bit over the asking price ( they're foreclosures or HUD homes, so the competition seems to be a little more fierce.) This, however, doesn't seem to make a difference as there always seems to be somebody offering even more than us.
I guess what I need to know is if it typically takes a while to get an offer accepted? Are we failing at something or is there any advice/tips that could help?