When homes are in short supply, buyers don't have the luxury of taking their time, teasing sellers with low ball offers, demanding that every little thing be fixed and shopping for homes with multiple real estate agents. Do these five steps instead.
Make a good first impression. When you find the home you want, send the seller a letter along with your offer outlining why you love the home.
Get pre-approved by a lender. Not only will you know how much home you can buy, you'll be ready to make an offer quickly.
Shop within your price range. In a seller's market, it's wise to shop for homes within or slightly below your price range. This will give you more room to make a full price offer or above in case the home you want is in a bidding war.
Be flexible. No home is perfect. To get more home for your money, try to look past old or ugly finishes and visualize the home with new finishes.
Be ready. Be ready to see a new listing at a moment's notice and be ready to make an offer.
For more information on buying and selling a home, call FRITZ.
