What makes it a buyers market? Lots of homes to choose from, good, fair prices, and low interest rates are some factors that make it a good time to buy. Though there are many homes on the market, many listings are getting multiple offers and going quickly. If you see a house you know is fairly priced and you make a low offer, there is a risk you will lose the house. I always tell buyers something someone told me, "Offer the amount you will feel good if you get it and good if you don't."
Because homes are going quickly, you will want to be ready to make an offer. Before you look at homes:
I can put you in touch with a loan officer who will get you a free pre-approval letter, and I would be happy to let you know what your home is worth or show you new homes.
Call Glen Grossman at 763-670-8679 or email me at [email protected]
Because homes are going quickly, you will want to be ready to make an offer. Before you look at homes:
- Have a pre-approval letter from a lender in the amount you qualify for, and/or a bank statement verifying funds. These will need to be submitted with an offer.
- Have a minimum of $1,000 in your checking account so you can write a check for the earnest money. This also needs to be submitted with an offer.
- Tell your agent the features you have to have (at least 3 bedrooms, at least 2 acres, etc.) and the features you would like to have (swimming pool might be nice).
- Ask your agent to send you listings via email. This will help you eliminate the houses that don't fit your criteria, so when you physically go look it will be at houses you like.
I can put you in touch with a loan officer who will get you a free pre-approval letter, and I would be happy to let you know what your home is worth or show you new homes.
Call Glen Grossman at 763-670-8679 or email me at [email protected]