• Get pre-qualified for a mortgage. You’ll be able to make a firm commitment to buy and your offer will be more desirable to the seller.
  • Sign up with our Wishlist to find out about the newest listings. Be ready to see a house as soon as it goes on the market — if it’s a great home, it will go fast.
  • Be ready to make a decision. Spend a lot of time in advance deciding what you must have in a home so you won’t be unsure when you have the chance to make an offer.
  • Bid competitively. You may not want to start out offering the absolute highest price you can afford, but don’t go too low to get a deal. In a buyers market, you’ll lose out.
  • Keep contingencies to a minimum. Restrictions such as needing to sell your home before you move or wanting to delay the closing until a certain date can make your offer unappealing. In a tight market, you’ll probably be able to sell your house rapidly. Or talk to your lender about getting a bridge loan to cover both mortgages for a short period.
  • Don’t get caught in a buying frenzy. Just because there’s competition doesn’t mean you should just buy it. And even though you want to make your offer attractive, don’t neglect inspections that help ensure that your house is sound.

Filed under: FSBO Atlanta

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