There are many different ways to secure the home of your dreams in a crowded market. Here are six of them.
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Have you had trouble purchasing a home lately? Today I’m going to give you six ways to up your odds of getting the home you want. If you’re a frustrated buyer who’s having to deal with multiple offers, here are the tricks that will give you a much better shot at winning out:
1. You have to hire a good negotiator as an agent. You need to work with an agent who knows the tricks of the trade that can help you stand out amongst a crowd of offers. Make sure you’re hooked up with an agent who knows the ins and outs.
2. Be sure that your loan is pre-approved. This means that your loan is ready to close—you just need a house to go with it. It’s a small extra step that is very important to complete.
3. Consider a home that might need some work. When you have all this competition for houses, there are still homes sitting out there that aren’t as busy as the others because they need a little work. Trust me, a savvy agent can get you a good deal on one of these homes.
4. Be a little flexible on location. If you’ve got a target area in mind, consider the homes that are just outside of it. There may be some options there as well.
5. Raising your budget. Going over your limit can be scary and stressful. However, from a monthly payment standpoint, we’re talking $50 or $100 per month. If there’s a will, there’s a way.
6. Talk to your lender about different loan programs. These might allow you to qualify for new and better properties. There are also loans out there that you can roll a loan for repairs right into the purchase.
As you can see, there are some very creative ways to get you the home of your dreams. The bottom line here is that you need to be working with an agent who really knows their stuff. We have some great specialists on our team that are ready to help you. If you have any questions or would like to speak to one, just give us a call or send us an email. We look forward to hearing from you soon.
1. You have to hire a good negotiator as an agent. You need to work with an agent who knows the tricks of the trade that can help you stand out amongst a crowd of offers. Make sure you’re hooked up with an agent who knows the ins and outs.
2. Be sure that your loan is pre-approved. This means that your loan is ready to close—you just need a house to go with it. It’s a small extra step that is very important to complete.
3. Consider a home that might need some work. When you have all this competition for houses, there are still homes sitting out there that aren’t as busy as the others because they need a little work. Trust me, a savvy agent can get you a good deal on one of these homes.
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There are plenty of different programs out there.
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4. Be a little flexible on location. If you’ve got a target area in mind, consider the homes that are just outside of it. There may be some options there as well.
5. Raising your budget. Going over your limit can be scary and stressful. However, from a monthly payment standpoint, we’re talking $50 or $100 per month. If there’s a will, there’s a way.
6. Talk to your lender about different loan programs. These might allow you to qualify for new and better properties. There are also loans out there that you can roll a loan for repairs right into the purchase.
As you can see, there are some very creative ways to get you the home of your dreams. The bottom line here is that you need to be working with an agent who really knows their stuff. We have some great specialists on our team that are ready to help you. If you have any questions or would like to speak to one, just give us a call or send us an email. We look forward to hearing from you soon.
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