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These days there are a lot more buyers in most markets than there are sellers and what that means is if you are out looking for your dream home, you will need to take some extra steps to make sure you can get the home you want.
That is why I have put together a few
things you can do to make sure you get the home. Everyone knows that for most
people finding the perfect home takes time. After many searches, numerous views
and countless other things you need to find exactly what you are looking for –
imagine losing the home to your buying competition! Here are four things you can
do to make sure that does not happen to you.
Get a Preapproval From Your Lender
Buyers that walk into a home – see
it, like it and know they want to buy it – will most likely do better if they
are holding a letter from their lender stating that they can afford it.
Especially in today’s market when more and more sellers are seeing multiple
offer situations, you need an edge over other buyers and sometimes all it takes
is having a preapproval from the bank. In fact, in many cases now sellers will
not even consider a buyer without a preapproval. Note that a preapproval is not the same thing as a prequalification.
Find a Knowledgeable Real Estate
Agent
Many people have no idea that having
an experienced and qualified real estate agent can and does make all the
difference in a successful negotiation. Not only do you need someone that knows
the market very well, but also you will benefit from someone that can be
aggressive with your terms and price.
Don’t Procrastinate – Make Your Offer
Quickly
With today’s fast-paced marketplace a
lot of buyers are stunned to find that they had waited too long to make an
offer only to discover that the home sold to someone else. Waiting even one
week can have a negative impact on your plans to buy a house so if you know you
like it, have decided to make an offer on it, don’t wait!
Choose an Agent that is Well-Known
Within the Profession
It is one thing to find an agent that
is known among clients – but when you are working with someone that has a
strong rapport with their peers it can have a very positive impact on your real
estate endeavors. During negotiations and otherwise, well-respected agents
garner far better results for their clients.
~
If you would like assistance in
finding your dream home – or with any other real estate related concerns,
contact us today! We will be glad to help!
I find your ideas very informative and helpful. It is always recommended to hire authenticate RE agent. As a buyer or seller people do not have that kind of professional understanding about the market fluctuations and prevailing rates. So having a professional hand involve makes you safe and ensure profitable deal.
ReplyDeleteHouse Buyers Of America
It’s easier and faster to find a home that you want if you have a real estate agent with you. They can help you not only in finding a good deal, but also in guiding you throughout the preparation of the papers that you need. From then on, it’s just all about signing the dotted line and preparing all your stuff to move into your new home!
ReplyDelete*Lakisha Zimmerer
There’s a real pressure on borrowers to have a larger deposit when applying for a mortgage. This is so it’ll be beneficial to work out how much you need to spend and borrow, and then setup a direct debit into a savings account for your hypothetical mortgage amount.
ReplyDelete- Carmen Monrovia -
Nowadays, great deals pass by really fast, so it’s indeed important to make an offer quickly. On the other hand, you have to be careful in making a decision. You have to make sure that before you make an offer, you are certain with the house you’re going to purchase. Buying a house is not like buying a product in a store. It’s an investment, and the money you’re going to spend is not just a small amount too. So, you need to be sure of the resolution you’re trying to make to not regret anything.
ReplyDeleteDrew Andrews
I'm planning to buy my new home next week and I'm getting ready on how to buy the best home, these expert tips are very helpful to me and I will use these tips so that I can buy the right home for me.
ReplyDeleteKB Home
Having an own home is a dream for all and there are many ways where we can find a best as well as suitable home as per our needs.
ReplyDeletetodd costa