Although buying a home is a major decision, you might miss out on the opportunity to make an offer if you wait too long. It is best to put an offer in as quickly as possible! Make sure you have your pre-approval mortgage letter, conduct research on the neighborhood and market, and find a home you like first.
However, if the home was recently added to the market, the seller may be a little more cautious. If an offer comes in too quickly, they might think their price is too low. Real estate agents have a different approach and think the first offer is usually the best one. The agent can easily sell the home for the highest possible price and assure the seller this offer occurred because of the home’s incredible value.
Make a fair proposal based on your research. Researching the area can help you do this since you’ll know what other local homes have sold for. Make yourself appealing to the seller. Having good financial credentials and the ability to put 20% down will help you stand out to the seller especially. An early lowball bid will not get you a bargain! However, waiting won’t necessarily get your offer accepted, either. In fast-moving markets, some homes might sell within a week! You might miss out on your dream home. The only reason to wait to make an offer is if you’re unprepared. However, if you are ready, make an offer.
If you any questions about this topic or real estate, I’d be happy to talk about it with you. Please call 760-565-5714.
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Author:Will Cook Phone: 760-774-3066 Dated: December 18th 2015 Views: 479 About Will: Ranked in the top 1% of all agents valley wide, Will is an Associate Broker and Team Leader of the W...
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About WILL COOK GROUP|Keller Williams Luxury Homes|BRE# 01879277
Ranked in the top 1% of all agents valley wide, Will is an Associate Broker and Team Leader of the WILL COOK GROUP at Keller Williams Luxury Homes
A native of Baton Rouge, Louisiana, Will attended graduate school in Boston and worked as a Medical Software Project Director focused on managing client expectations through sophisticated software implementation projects for many years. Will’s experience managing large scale projects in the corporate world has suited his transition to real estate over 15 years ago. Will’s mission has been to use integrity and accountability to exceed his client`s expectations. He has worked in the luxury markets of Boston and Miami Beach and has also owned his own real estate firm in Louisiana.
As expert real estate advisers serving the Palm Springs Area real estate market, Will and his team specialize in finding buyers great deals and they would love to help you find your very own slice of the California Desert!
There are a number of things that could prompt your insurance company
"Bill worked his magic to get me an awesome home.
"Bill was extremely knowledgeable about the area where I wanted to buy, grasped my taste in homes very quickly, and only showed what he thought I would be interested in. He was extremely patient when I asked to see this home 4 times to make sure it was the right one. Bill negotiated a super deal on my home, and we closed in a very short time of the offer being made. It was an extremely smooth process. He was also very knowledgeable when we also had the home inspection. It was such a great pleasure to work with him. If I ever sell this home, he's the person I would go to. ""