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5 Things Homebuyers Need To Know When Making an Offer

Keeping Current Matters

That’s why you should connect with a lender to get pre-approved for a loan early in the homebuying process. A skilled agent will do everything they can to help you stay on top of every possible opportunity. Use an agent as your trusted advisor to make a strong, but fair offer based on market value, recent sales, and demand.

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What to Do Before Offering on a Home

RIS Media

Allowing the seller to rent back for a specified amount of time. Speak to your real estate agent about what to expect. Many buyers will put in offers on homes that are contingent just in case the home of their dreams comes back on the market. . Get pre-approved for a mortgage. This one is a biggie.

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16 Tips to Win a Bidding War on a House

The Close

I contacted the listing agent only to learn that all offers were due by 5:00 p.m. Offer Above Asking Price When your buyers are competing with others in a multiple-offer situation, and the listing agent is asking for the “highest and best” offer, it’s a good idea to suggest offering more than the asking price.

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Turnkey Homes for Sale Are Selling Fast in 2023

Marco Santarelli

With prices still much higher than they were pre-pandemic, buyers don't have much room in their budgets for costly repairs, and they want a home that is move-in ready. This trend has continued into 2023, with homebuyers still seeking out these properties. If the house is perfect, the odds of someone else wanting it are high, too.

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Reality Check: 9 Things to Expect When Selling Your Home

HomeLight

For expert insight, we spoke with Kurt Thompson , a top real estate agent and former president of the Massachusetts Association of Realtors®. ” Start by clearing off flat spaces like your kitchen counter — an essential task, according to nearly 97% of real estate agents surveyed by HomeLight. Source: (Zac Gudakov / Unsplash).

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Buying in a Seller’s Market: 9 Ways to Win

Redfin

1) Get Pre-Approved for a Home Loan. If you’re a first-time homebuyer , one of the smartest things you can do to ensure your chances of buying the home you want is to apply for a pre-approval on a mortgage. 2) Get a Great Real Estate Agent. What is a Seller’s Market? However, even if the U.S.

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How to Compete With Cash Offers: 10 Ways to Write Winning Offers

The Close

Luckily, beating a cash offer on a house is not as hard as many agents think. Once the property is purchased, the buyer rents the property from Homeward until their loan is finalized. Many listing agents today will not review the offers for three to four days after the property becomes active. Here’s how it works. Don’t do this!

Rent back 105