How to Handle Bidding Wars as a Buyer






Challenge me to sell your home in 60 DAYS OR LESS!
How do you make yourself a more desirable home buyer in a bidding war situation? There are a few key tips and tricks I can teach you that will make your offer more desirable.
The first thing you have to do is get pre-approved. This is the most important thing for you to do. I recommend getting pre-approved before you even start looking at homes. Getting pre-approved lets sellers know that you are serious about buying a home.
Also, have at least 20% to put down. I know there are mortgages out there that don't require 20% down, but the more money you put down, the lesser of a risk the seller's going to have when taking your offer. Just think that if you go in with 10% down and another offer comes in with 20%, the seller is more likely to go with the 20% down payment. You don't want that to happen.
Don't lowball the seller. You have to come in with your best offer. Price and terms are the two most important things a seller looks at when examining offers. We've seen buyers win bidding wars against higher prices due to better terms.
Finally, make sure your contingencies are reasonable. If there are any inspections you can skip - pest inspections, sewer inspections, etc., - do so. You want your offer to be as clean as possible. The fewer contingencies you have, the more likely the seller is to take your deal.
If you have any question's about today's topic, give me a call or send me an email. I look forward to hearing from you!
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Location: Westchester County, NY, USA

How Can You Get Your Home Sold Quickly and for Top Dollar?






Challenge me to sell your home in 60 DAYS OR LESS!

Today, I cover what's on everyone's mind: the state of the Northern Westchester and Putnam County market! If you're thinking about selling your home in this market, there are a few things you need to keep in mind.

  • Exposure: You need to get your home in front of as many possible buyers as you can in the shortest amount of time possible. Internet search tools have changed the industry, and as professionals, it's our job to use them to get more people looking at your home. This will help to get you more money in your pocket and in less time.
  • Pricing: Having a home priced right from day one makes a huge difference in getting the home sold! Pricing your home incorrectly will drive away tons and tons of buyers who would otherwise be interested in it.
  • Condition: Make sure the home is deodorized, decluttered, and depersonalized so that buyers are wowed by its appearance. The pictures of your listing make all the difference when so many people go online for the initial viewing. Keeping your home in great condition will make taking great pictures that much easier.

These are the three key things to focus on when selling in our current market. If you have questions about selling or need real estate assistance of any kind, give me a call or shoot me a quick email. I would love to hear from you!
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