Buying a Home -
Getting Ready to Buy a Home
Mortgage Application Checklist
What to Ask a Lender
Financial Considerations
Selling a Home -
Choosing a Realtor
Benefits of Proper Pricing
Make a good first impression
Moving Checklist
General Tips and Tools -
Real Estate Glossary
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Getting
Ready to Buy
With inventory diminishing daily and multiple offers
being extremely common, it is of great importance that you position
yourself to have the "Best Chance" to get your offer accepted. You
enhance your chance of getting the home of your choice by doing the
following:
- Get pre-approved for the purchase:
This takes very little time, is usually free, and is of great
value. At this time, identify the price range for which you qualify
and which fits your lifestyle.
- Submit a strong competitive offer:
Submit the offer as if there will be multiple offers submitted
by multiple prospective buyers.
- Include substantial earnest money deposit:
Acceptance of an offer is sometimes determined by the amount of
the deposit. A larger amount may signify a bigger commitment to
the seller.
- Minimize or eliminate contingencies:
The fewer contingencies (such as predicated offers), the stronger the offer.
- Make a buyer profile available:
Time on the job, flexibility, reason for purchasing seller's home,
etc.
- Be prepared to preview a new property
quickly:
Homes sell sometimes in hours. Be prepared to make decisions quickly
and be accessible to change the terms instantly.
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