How to Buy a Home in a Seller's Market
Posted by Gabrielle Balolia on
Trying to buy a home in a hot seller's market can be stressful and heartbreaking. Historically low interest rates, limited inventory of homes available for sale, and people moving out of metropolitan centers as work-from-home becomes more common are driving prices sky-high!
Here are some tips that have helped my clients and I win recently.
- Be organized! It sounds obvious but I cannot stress how important this is right now. Homes are selling either pending sale within hours of being listed, or they have an "offer review date" a few days after being listed, which almost always guarantees multiple offers will be submitted. Be organized with a recent Pre-Approval letter, or by having an Evidence of Funds letter if you're buying the home with…
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