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Increase your chances of getting your
dream house instead of losing it to another buyer, with
these easy steps.
- Get prequalified for a mortgage.
You’ll be able to make a firm commitment to buy and make
your offer more desirable to the seller.
- Stay in close touch with your real
estate sales associate to find out first about new
listings that come on the market. And be ready to go see
a house as soon as it goes on the market.
- Scout out new listings yourself.
Look at Internet sites, newspaper ads, and drive by the
neighborhood frequently. Maybe you’ll see a brand-new
“for sale” sign before anyone else.
- Be ready to make a decision. Spend
lots of time in advance deciding what you must have so
you won’t be unsure when you have the chance to make an
offer.
- Bid competitively. You may not
want to start out offering the absolute highest price
you can afford, but don’t try to go too low to get a
deal. In a tight market, you’ll lose out.
- Keep contingencies to a minimum.
Restrictions such as needing to sell your home before
you move or wanting to delay the closing until a certain
date can make your offer unappealing. In a tight market,
you’ll probably be able to sell your house rapidly. Or
talk to your lender about getting a bridge loan to cover
both mortgages for a short period.
- Don’t get caught in a buying
frenzy. Just because there’s competition doesn’t mean
you should just buy anything. And even though you want
to make your offer attractive, don’t neglect inspections
that help ensure that your house is sound.
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office (631)
757-3535