4. Start Home Shopping
START TOURING HOMES IN YOUR PRICE RANGE
Time to start shopping! We will take notes on all the homes we visit. It can be hard to remember all the details of each home, so take pictures or videos to help you remember each home, and review the notes you have written. Once we have found THE house for you, we will present an appropriate offer based on recent sales and current buyer activity in the area, as well as the value of the property in its current condition. Negotiations may take place after the offer is presented.
TIP
We will make sure to check every little detail of each house
- Test the plumbing
- Test the electrical system
- Open and close the windows & doors to make sure they work properly
Evaluate the neighborhood and surrounding areas
- Are the surrounding homes well maintained?
- How much traffic is on the street?
- Is it conveniently located to schools, shopping, restaurants, & parks?
5. Make an Offer
WHEN TO MAKE AN OFFER:
So you have found THE house! Congrats! In today’s market when the demand is higher than the number of homes available it is important to act fast!
HOW MUCH TO OFFER:
We will sit down and look at recent sales and current buyer activity in the area, as well as the value of the property in its present condition. Putting all this information together, we will determine the price that you would like to offer.
SUBMITTING AN OFFER
There are some components to an offer that makes it more appealing to the sellers.
- Put your best foot forward- We will work together to discuss your options and create your very best offer. Depending on the circumstances, you may have only one chance to make a good impression.
- Put down a healthy earnest deposit- A large earnest money deposit shows the seller you are serious.
- Cash talks- A transaction that is not dependent on receiving loan approval is more attractive to a seller.
- Shorter inspection periods- Try shortening the inspection period to 10 days or less.
- Write the seller a letter- We will make your offer stand out by writing a personal letter to the seller, explaining why you fell in love with their home.
- Flexible with closing & possession- Many sellers prefer to close within 30 -45 days. However, in a seller's market, your offer can be more appealing by meeting the seller's needs for closing and occupancy.