TWO Important Things To Do In Sellers Market

TWO Important Things To Do In Sellers Market

There is nothing more frustrating than wanting to buy a home but being unable to through no fault of your own. In many markets across the country, there simply are more buyers than sellers and homes are moving quickly — sometimes for more than the asking price due to high demand and low inventory. Home buying is not as easy as seeing a new listing online, going to view it in person and making an offer. In a seller’s market  buyers need to act fast, think outside the box and be prepared to work at the home-buying process.

Get pre-approved for a mortgage

The buyers who get the house in a competitive market are the buyers who are organized, well prepared and ready to move when the right home comes along. What does this mean? Know about any issues with your credit report and make sure your financial house is in order. Start by getting a pre-approval letter from a reputable lender, that you can show to agents and sellers. A pre-approval letter is typically good for 90 days and shows sellers that you are a motivated, credit-worthy buyer who is able to act fast. Faced with multiple offers, the seller won’t just consider the highest offer but, rather, the person who can close quickly and is a sure thing financially.

Don’t wait

As the saying goes the early bird catches the worm applies in real estate. As soon as you see a home hit the market GO SEE it right away. In a strong market, buyers are aggressive and homes move quickly. It’s not uncommon for a home to have multiple offers on it before the first open house.  You need to be flexible with your schedule and be ready and able to move quickly when the right home comes your way. The right home for you can show up at any moment. It could be on the Market TODAY!

My focus is to best understand the goals and visions of my clients, ensuring all decisions are made with a wealth of information and the necessary tools for a successful, rewarding experience.

I have found my Slice of Heaven I look forward to you finding yours!
Have Question? 941-544-7270

Source: Brendon Desimone

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Phone: 941-544-7270
Dated: March 26th 2014
Views: 839
About Kathy: I enjoy walking the warm sandy beaches, swimming and watching the magnificent sunsets on Florida’s...

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