Are you competing with other buyers on your dream home, or do you want to make sure you've got the best chance of getting your offer accepted? Well, you're watching the right video. These four buyer tips are sure to help you.
Hi, I'm Danielle Scott with Keller Williams Realty. I know how scary it can be, and how excited you can get. It's my job to help you get your dream home. Here are a few tips.
Number one, make sure you've offered a competitive price on the home, especially if there are multiple offers. Ask yourself, what is that number that you're comfortable going up to, that even if you lost the home to a buyer offering more, you have no regrets. And better yet, find that number that if you get the house, you're still ecstatic. Now, that's your offer price.
Number two, put down a larger earnest money deposit. It shows that you are a serious buyer, and it also shows that you have money and most likely are more qualified to purchase. What if you don't have enough money for a large down payment? Well, maybe you can remove some of your contingencies.
That brings us to number three. If you are able to remove the appraisal or long contingency, then doing so will make your offer look stronger, but make sure you know the risk involved. Be sure not to remove your loan or appraisal contingencies until you are absolutely certain that you are fully approved to purchase the home, and the underwriter has given the full approval. Otherwise, you could stand to lose that deposit.
Number four, let the seller know that you have not written offers on any other properties, you verified the taxes and taken them into consideration in regards to your payment. Let them know that you are going to be as reasonable as possible in regards to repairs and requests once under contract. Write them a personal letter, identifying specific things in the home that you love, and include a family picture. Believe it or not, all of this helps, especially if the seller has emotional attachment to the home. Hey, listen.
There are so many more tips that I can show you, but it would take too long. Give me a call, and let me assist you in getting your dream home. And don't forget, it doesn't cost you anything to work with me. The seller pays for my fees, but I'm here to protect you. When you do what you love, people love what you do. I'm Danielle Scott, let's make it a great home buying and selling day.