Saturday, April 29, 2017
 Buying  |  Selling  |  Financing  |  Relocating  |  Homeowning  |  First-Time Buyer 

Refer A Friend


Tom Gilliam
RE/MAX Classic

E-mail Me
Visit My Website



Inside This Edition
FACT vs. FICTION
7 Truths For Successful Home Buying And Selling
Read More >
SMART BUYING
7 Tips To Succeed As A Homebuyer In A Competitive Market
Read More >
KNOW THE DIFFERENCE
Deconstruction Or Demolition?
Read More >
STAY OR GO?
Remodel Or Sell?
Read More >
CHECKING THINGS OUT
Dig A Little Deeper In The Neighborhood
Read More >
TO-DO LIST
Before You List, Fix It Up
Read More >
 
e-Newsletter
Monthly Real Estate Newsletter
Page: Home Prev 1 2 3 4 5 6 Next

 2

SMART BUYING

7 Tips To Succeed As A Homebuyer In A Competitive Market

SHARE:
Education is a homebuyer's friend! Know your neighborhood. Know the price points. Know the competition. Know what's sold where and when for how much. Know yourself! (We can help you with collecting all this important data!)

1. Be ready. If you find a home that strikes your fancy when you drive up or walk in that front door, be ready to submit a purchase offer for the best price (close to list, list or more than list—we can advise) immediately.

2. Plan ahead. Work with a pro—like us—to get the best information on the newly (or soon-to-be) available homes. You don't want to miss out!

3. Communicate. Read through a purchase offer ahead of time to understand it. Talk with your real estate agent to get any questions answered on the process of submitting a purchase offer and negotiating through counteroffers.

4. Be flexible. If you can compromise on any terms—closing/settlement date, price, incentives (not asking for them), etc. be sure to demonstrate that. Dream homes don't come up too often, so patience can be helpful.

5. Budget. If your flexibility causes you to have to move into temporary housing (rental, hotel, etc.) be sure to plan for that expense. Calculate moving costs to hold or store your items, as well.

6. Know your limits. In the heat of back-and-forth negotiations, know what your top dollar amount to offer is and do NOT go over it. Determine that top limit before you put in an offer so you can walk away with no regrets.

7. Don't bend. There is one thing you shouldn't give up in the heat of competition: do NOT forego a professional inspection of the home. You don't want to win the house now and end up with surprises you can't afford later.

 

Page: Home Prev 1 2 3 4 5 6 Next

More Help For Buying


Homeowners



Tip of Week



Quote of Week



Newsletter

Search all the homes for sale in our area.


Become a VIP buyer or seller. Beat your competition to the best properties in today's market. No cost, no obligation.
FREE Electronic Real Estate Reports:
These reports can help save you thousands, delivered free to your inbox.
SEARCH Quick Checklist For Finding The Perfect Home
MOVE UP 4 Smart Strategies For Purchasing Your Next Home
SETTLEMENT Secrets To An Easy Contract Closing
LOCATION The Most Important Questions Every Buyer Should Ask
FIRST TIME How To Buy The Most Home For Your Money
NEGOTIATE How To Buy The Home You Love At The Price You Want
HEALTHY HOMES The Top 10 House Maladies To Avoid
PLAY SMART Savvy Tips On Buying A Vacation Home
TIRE KICKING Secret Tests To Check A Propertyís Condition
INVEST YOUR RENT Why Pay Your Landlordís Mortgage
 
       
Home  |  Information Center  |  Ask Us
Buying   |  Selling   |  Financing   |  Relocating   |  Homeowning   |  First-Time Buyer
Copyright 2017, Gooder Group.
Absolutely no part of this page may be reproduced or distributed without written permission.
All rights reserved by Gooder Group, Gaithersburg, MD, (703) 698-7750.