After searching for what seems like forever, you have the perfect home for you. The price Is right and even though it’s a competitive market, you want to make sure that you make a good offer.
First you will need to understand how much you can afford. I know it’s not as much fun as house hunting, but in order to make a proper offer you need to fully understand your finances.
Next, you need to act quickly. There is an extreme shortage of inventory of homes for sale right now and there’s a lot of demand for those. So when you find the perfect house for you, act now.
When you make an offer, make a solid offer. Don’t mess around trying to save yourself a few pennies. Put it in perspective. If you have to pay an extra $1,000 for a house, you’re not paying $1,000. You’re paying $34 per month. A little over a dollar day. You won’t be paying $1,000 until 17 and a half years have gone by. And you probably won’t be in the house by then.
Last, be prepared to negotiate. You’ll probably get at least one counter-offer from the seller. The two most common things that are negotiated at this time are the selling price and the closing date. If you can be flexible on the closing date, your part of the way there. And don’t come in with an initial price that is too low, that will just make the seller angry and cause the seller to be unwilling to negotiate. Follow the advice from your agent. And good luck