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say hi to the bid-over-ask calculator!

A historical and forecasted appreciation model to see when property appreciation will cover the additional bid over the asking price.

bid-over-ask

 

Request the Bid-Over-Ask Calulator!
How much is too much?

Disclaimer: Information provided is based on estimates and projected forecast. Data provided should not be used for actual home assessment values.

How much is too much?  And how much is too little?

Buyers competing in a Seller's market are at a disadvantage if they don't have a tool like this. Realtors, Buyers and Sellers alike need the Bid Over Ask Calculator.

Bidding Wars are common in a Seller's Market.  Is there a home just on the market and you know there is A LOT of interest?  A bid over the asking price (otherwise knows as a contract escalation) may be required to win, but it's not clear just how much over ask will win, or even make sense!   

With the Bid-Over-Ask calculator we now have a tool that will use historical and forecasted appreciation models to see when property appreciation will cover the additional bid over the asking price. 

It is super important that you don't OVER-BID on the home, but also don't UNDER-BID!  Use this tool in conjunction with our EMA Purchase Worksheet and you will have all the info you need to make the best offer!

Disclaimer: Information provided is based on estimates and projected forecast. Data provided should not be used for actual home assessment values.
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Meet Rick elmendorf

Author, speaker, economics enthusiast, chess player, pianist, pickleball fanatic, competitive gamer, military upbringing, Christian: There’s more to Rick than just doing mortgages.

For more than 25 years, Rick has built his business understanding customer goals to help them make sound financial decisions. He is recognized by his clients and peers as one of the top home loan experts in the country.

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image-338©2021 The Elmendorf Team, Rick Elmendorf NMLS ID#485091, All Rights Reserved. This document is not an approval nor part of the application process and does not constitute an application. If you decide to proceed with applying for a loan, you will need to complete a loan application and you will be provided with detailed loan disclosures including a Loan Estimate. DC-MLO485091, FL-LO1377, GA-42415, MD-26-21158, NC-I-153190, SC-MLO-485091, TX, VA-MLO-9918VA, WV-LO-33066 | Movement Mortgage, LLC supports Equal Housing Opportunity. NMLS ID# 39179 (For licensing information, go to: nmlsconsumeraccess.org | 877-314-1499. Movement Mortgage, LLC is licensed by D.C. # MLB39179, FL # MLD1360, GA # 23002, MD # 19094, NC # L-142670, SC # MLS - 39179, TX, VA # MC-5112, WV # MB-32019 & ML-32020. Interest rates and products are subject to change without notice and may or may not be available at the time of loan commitment or lock-in. Borrowers must qualify at closing for all benefits. "Movement Mortgage" is a registered trademark of the Movement Mortgage, LLC, a Delaware limited liability company. 8024 Calvin Hall Rd, Indian Land, SC 29707.

 
 
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