1. Be a Pre-Approved Buyer: A pre-approved buyer always has the advantage
in an offer situation. Becoming pre-approved is very easy: you complete your
loan application with a credit check prior to beginning your home search process.
Pre-approval means that you have actually been approved for the purchase by
a lender, which gives you the edge in home purchase negotiating. If you would
like to get pre-approved for a loan, please click Free Pre-Qualify for a free
analysis.
2. Beat The Competition to The Best New Listings: The search process can be both fun and trying. You will notice that some homes sell very fast and others hang around for long periods of time. The best homes at the best prices sell fast. Keeping on top of this is essential.
3. Do The Research: Make yourself a "home value expert." Investigate the areas and price ranges for the kind of home you are looking for. Get a good idea of the price ranges these homes sell for and how long the market time is for them. Your Home Buyer Specialist is a great asset here.
4. Prove That You Are a Serious Buyer: The best way to accomplish this is with strong earnest money. This might mean that you put more deposit money down to get the seller's attention.
5. What Should I Offer on a Home I Like? In a hot market, you may need to offer more than the list price to get the home you like. Since your home purchase may be your single largest investment, a knowledgeable Home Buyer Specialist can really help you here.
6. Keep Your Offer Simple and Clean: Make sure that your contract to purchase is simple, clean and not bogged down with unnecessary contingencies, especially repairs. Keep the time frames of repairs and responses to a minimum. The cleaner your offer, the more interested the seller will become. This may help you purchase the property at the best price.
7. Don't Wing It Alone: What you need most in today's complex marketplace
is an experienced and professional Home Buyer Specialist who represents your
interests. No matter how heated the competition or the negotiations, a professional
Home Buyer Specialist will represent your best interests, help you make the
best offer, and help you maximize your investment.
