5 Ways to Ensure a Successful Home Purchase

All too often, we have seen our clients make simple mistakes at the beginning of the home purchase process that ends up coming back to haunt them. Today we are going to discuss 5 ways to avoid missing out on the perfect home in 2016. Here they are:

1. Work with an experienced agent.
Last year, the market got hot very quickly and things started moving faster than anyone expected. Our agents were involved with multiple offer situations on a daily basis, sometimes dealing with 4 or 5 offers at a time. We learned a lot from that experience, as we were able to serve over 120 buyers. Working with someone who has been in this situation is smart because we know what to do and what questions to ask.

2. Be flexible with the seller.
Once you find out what's important to the seller, try to tailor your offer to fit that. If you are able to be flexible with them when it comes to terms or a closing date, that goes a long way in helping your offer stand out. 

3. Put down more earnest money.
Putting down extra earnest money is a great way to show to the buyer that you are serious about buying their home, more serious than someone else who puts down less earnest money.

4. Waive a percentage of the home inspection.
Another strategy you could use is writing into the contract that you will pay for a certain amount of items found during a home inspection up-front. In a multiple offer situation, sellers aren't going to be nitpicked.

5. Write a letter to the seller.
Finally, let the seller know in writing just how much you want to buy this home. Tell them why it means so much to you and your family. This could make a huge difference when competing with other interested buyers.

If you have any questions for us about this topic or anything else real estate related, give us a call or send us an email. We look forward to speaking with you!