All Business Wednesday

April 11, 2018

Buying Your Dream Home in a Hot Market…

Imagine finding the perfect home, only to discover there is serious interest from at least a dozen other buyers.  It’s like scrambling for the last piece of cake at a buffet!

Fortunately, there are things you can do to help get the home you want, even in a highly competitive market.  Here are just a few ideas:

  • Only view a few ideal properties at a time.  If you see too many, and this spread yourself too thin, you risk homes slipping through your fingers.
  • Be realistic about price.  Focus on finding a great home that you can afford, rather than trying to find a bargain.
  • Consider homes that need some work.  They get less interest than perfectly staged properties, yet can turn out to be a dream home.
  • Be prepared to make an offer with as few conditions as possible.  An offer conditional on passing inspection is usually fine, but in a competitive situation, offers with other conditions will likely be turned down flat.
  • Make your decisions quickly.  If there are likely to be other interested buyers, you want to get your offer in early.
  • Make the right offer.  To win the deal, you want your offer to be as enticing as possible to the seller – especially when it comes to price.

Yes, it can be tough finding an ideal home in a hot market, but I can help.  Give me a call and I’ll show you how.