As inventory continues to drop and mortgage rates continuously hit record-lows, if you’re looking to buy a home, the offer needs to stand out. If you find yourself in a bidding war, here are some tips on how you can win.
Many home buyers in recent months had to beat the competition to nail the house they wanted. Consequently, the question for buyers is not just how much to offer on a house they like, it’s how can they make the offer stand out from that of anyone else who has an eye on the same place. Here’s a some tips:
What You Can and Can’t Waive
Other Ways to Differentiate Your Offer
If you should be beaten out by someone else, don’t despair. Ask that your contract be held as a backup just in case the offer that was accepted falls through. More than one in four contracts never make it to the closing table, so you could be next in line.
If you’re interested in buying a home or the idea has crossed your mind and you’re looking for next steps, contact John Register for all your Outer Bank real estate needs.