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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

Buyers are waiving a home inspection. 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.

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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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5 Killer Tips For Beating a Cash Buyer

Realty Biz

You don’t want to hang your hat on a seller looking at a pre-approval letter from some no-name lender. Lean on your buyer’s agent for what they have seen with other properties. Waive The Home Inspection. One of the bigger stumbling blocks in any home purchase is the home inspection. Ten percent or more?

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20% of Winning Home Offers Waived the Inspection Contingency in June, Up From 13% Last Year

Redfin

of successful offers submitted by Redfin agents in select major U.S. markets waived the inspection contingency, compared with just 13.2% The inspection contingency allows the buyer to cancel a purchase or request repairs if they find an issue during the inspection period. In June, 19.9% during the same month in 2019.

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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.

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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. Be Ready to Act Instantly in a Seller’s Market.