By Scott Bialek, Co-Founder of Hurst Lending

The Texas real estate market has changed drastically over the last few years.  In Austin Texas, 38.1% of real estate agents expect their buyers to need to make 5-10 offers before they’ll succeed and 36.5% of agents expect 10-20 competing offers for every home. In a market like this, it’s incredibly difficult for a buyer to stand out. 

One of the best ways for the average buyer to succeed, is to make their offer more enticing by offering cash up front. That’s exactly what Hurst Lending’s Dominate with a Cash Offer®  Loan program is designed to help buyers do. 

Once you decide to get a Dominate with a Cash Offer®  Loan, Hurst Lending provides you with a line of credit that gives you access to the cash you need to purchase a new property. Once you win your bid, we provide you with a long-term conventional loan. 

Depending on the speed of the closing process, we can sometimes get your long term conventional loan can be completed quickly enough that you don’t have to draw your loan against the line of credit. This outcome, however, is not guaranteed and you need to be willing to close on your property with the line of credit that Hurst provides to you. 

While this program has a slightly higher interest rate than a normal conventional loan,  it provides you the tool you need to compete with the flood of cash offers in the current Texas real estate market. You can compete with cash offers and dominate buyers who can’t pay cash for a property.   

The need to compete with multiple bids, impacts moderate price home as well as more expensive property.  A recent survey of Realtors in Austin Texas revealed that 38.9% of agents have similar expectations around offer numbers, competition and costs for homes in the $500k to $1 million price range, as they do for homes under $500k.   

 Our Dominate with a Cash Offer® loan gives you the cash you need to move when you want, how you want, and into the house you want. To learn more about Hurst Lending and their Dominate with a Cash Offer® Loan program visit