Today I have four tips to help you get a leg up in today’s competitive market.
Selling your Iredell County or Lake Norman, NC home?
Things are jumping in the real estate market in our county, just like many areas of the country. It’s important that you understand what you need to do in order to be competitive as a buyer in order to purchase a home.Selling your Iredell County or Lake Norman, NC home?
First, you need to make sure you are pre-qualified. Get with a lender and get that letter that proves that you are able to purchase the home you’re interested in. Every seller wants to see that letter. The lender will also cover closing costs, interest rates, and how long it’s going to take to close on the home you intend to purchase.
Next, you need to know the top dollar that you’re willing to pay, in case you have to spend that amount in order to get the home that you want. Especially in a competitive market, you may find yourself in a multiple offer situation, so be prepared. When you speak with a lender, you’ll be able to determine a comfortable range from which you can make an offer.
Don’t start your offer so low that you offend the seller.
Remember that if you’re asking for closing costs, that amount comes out of the seller’s pocket. It affects their net bottom line. With that in mind, you may need to increase the amount in your offer to cover those closing costs. That way, you have that taken care of and there’s less stress to the seller.
With these tips, you should be able to get a leg up against the competition when you put in an offer on the home of your dreams. If you have any further questions or you’re looking to buy or sell a home, please give me a call. I’d be happy to help!
