Losing out on your dream home to another buyer can be frustrating, but here are seven steps you can take to increase your chances of getting the home you want:
1. Get Pre-Approved For A Mortgage
Having a pre-approval letter from a lender shows the seller that you’re a serious buyer and are financially prepared to purchase the home.
2. Move Quickly
If you’re serious about buying a home, it’s important to move quickly and be ready to make an offer as soon as you find “the one”.
3. Make A Strong (and competitive) Offer
There’s a lot of ways to accomplish this from offering the full asking price, a shorter closing, or helping alleviate other needs of the seller.
4. Be Flexible
Similar to the last tip, be flexible with your closing date and other terms to make your offer more appealing to the seller.
5. Work With A Realtor
Your realtor should be able to help you navigate the buying process and give you insights into the local market.
6. Write A Personal Letter
Consider writing a personal letter to the seller explaining why you love their home and why you would be a good fit for it.
7. Don’t Give Up
If you lose out on a home, don’t give up. Keep looking and be ready to move quickly when you find the right home.
These might not be the most conventional tips, but they certainly are things to consider on your home buying journey.
Ready to get started? Schedule your strategy call today.
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