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How to Make a Winning Offer on a Home

Keeping Current Matters

Today’s homebuyers are faced with a strong sellers’ market , which means there are a lot of active buyers competing for a relatively low number of available homes. Here are five tips for success in this critical stage of the homebuying process. The best way to know this is to get pre-approved for a loan early in the homebuying process.

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5 Tips for Homebuyers Who Want to Make a Competitive Offer

Keeping Current Matters

Today’s real estate market has high buyer interest and low housing inventory. Here are five keys to success for this important stage in the homebuying process. A recent article from Freddie Mac offers guidance on making an offer on a home in today’s market. Listen to Your Real Estate Agent. Listen to Your Real Estate Agent.

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On the House: Is 2023 the Year To Finally Buy a Home?

Realtor.com

Inventory levels are still low, but there are more homes coming on the market; the bidding wars and mind-boggling offers over the asking price have died down; and buyers can once again insist on inspections, contingencies, and repairs before the deal closes. And they’re all in different stages of their lives.

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Tempted by a Cash Offer for Your Home? Dissect It With This Guide

HomeLight

Your sale is more likely to close and close faster with a cash offer than with an offer that hinges on a mortgage approval. Cash offers are becoming more common, especially in this extremely competitive market,” Latif says. Compare the offer against your home’s fair market value. Review the terms of the deal for contingencies.

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What Does Contingent Mean in Real Estate Sales

Realty Biz

Let’s take a closer look at the meaning of contingent , so you can see how it might affect a home you are looking to buy. How your real estate agent markets your property when an offer has been accepted can have vital implications. For example, some agents will mark your home contingent, while others will mark pending.

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What Happens After Making an Offer on a House?

Windemere Buying

However, celebrating at this stage in the buying process could leave you heartbroken if your offer isn’t accepted. Revealing what goes on behind the curtain in this critical stage of the buying process will help you understand what to expect next. In return, the seller agrees to take the home off the market.

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10 Mistakes to Avoid When Buying a Home

Windemere Buying

Not getting pre-approved Getting pre-approved is a key component of the early stages of the buying process and will help to maximize your chances of getting your offer accepted. Getting a home inspection is a small investment and alerts you of any potential home disasters that may be on the horizon.