Buying Tips
Negotiate with Power!
There are a number of things a buyer can do to position themselves to have a real estate offer accepted. Buyers can enhance the chance of getting the home of their choice by doing the following:
Get pre-approved for the purchase.
This takes very little time and lets you know the price range you qualify for and which fits your lifestyle.
Obtain your own credit report.
This allows you to make sure the information is accurate. If it isn't, take steps to correct the report immediately.
Keep your debt load to a minimum.
Don't make any major purchases or incur any additional debt until after your purchase. Pay down credit cards and don't apply for any new ones.
Submit a strong competitive offer.
Include a substantial earnest money deposit.
Sometimes offers are accepted based on the amount of the deposit. The greater the earnest money, the stronger the offer.
Try to minimize the number of contingencies.
Fewer contingencies mean a stronger offer.
Be prepared to view new properties quickly.
Sometimes, homes will sell quickly, so be prepared to make fast decisions and be accessible to change the terms instantly.
Have instant access to your agent.
Instant communication can mean the difference in purchasing the property of your choice.
Commit verbal agreements to writing.
Make certain verbal agreements are written into the final contract to avoid any stressful and expensive issues later.
Make sure you know what stays or goes.
Your contract should be very specific about which items (appliances, etc) are included in the sale. Some sellers may take items you might not expect.
Consider doing some of the searching yourself and receive a rebate at closing. Click here for more information on discount home buying.
More information? Feel free to email us with questions or call (206) 523-SOLD or (425) 746-2445.
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