Strategies That Take The Uncertainty Out Of Buying Your Next Home
The biggest problem buyers are facing in today’s market is winning the bid. Historically low inventory, an influx in buyers, cash buyers, and homes selling in less than 24 hours contribute to rising prices. The speed of this new market is making the buying process even more logistically challenging.
The worst part, buyers without a strategy are bidding on 6 to 7 homes and settling instead of getting the home they deserve.
Fortunately, there is a way to win the bidding game. So you are getting the home you want at a fair price.
Here are a few strategies I use to empower my buyers and win the bidding game.
Get a loan approval, not a pre-approval. This can be as good as a cash offer and assures the seller you will have the funds at closing.
Winning strategic contract terms. Wave some of the things that a seller might see as an inconvenience. Increase your escrow. Have cash for appraisal gaps.
Escalation clause and addendums for guaranteeing the highest bid.
I have other strategies for warranties, closing costs, inspections, contingencies, and how to compete with cash buyers.
It is extremely important not to use a cookie-cutter strategy or one size fits all approach. Everyone’s needs and financial circumstances are different.
I have helped 1,000s of clients successfully navigate the home buying and selling processes. Together we can map out a strategy, get you financed, help you buy & sell a home at the same time, and take the anxiety out of selling/buying your home.
Call Kevin today at (727) 410-8599 for a strategy session.