Structure a low ball offer so it is stronger

[Eric Roloson]

If I was to put in a very low offer due to the fact that the listed property has had no written offers in 2 weeks how would I structure that?

Example: 100k property with an offer of 60k

I know that's a large spread of 67%

What kind of earnest money? No contingencies?

What types of strategies would you implement to make it most attractive?

[James Wise]

Originally posted by @Eric Roloson:

If I was to put in a very low offer due to the fact that the listed property has had no written offers in 2 weeks how would I structure that?

Example: 100k property with an offer of 60k

I know that's a large spread of 67%

What kind of earnest money? No contingencies?

What types of strategies would you implement to make it most attractive?

 You'd want to do a cash offer with a high non refundable earnest money deposit ($10k+) and a quick closing (14 days or less) with zero contingencies.