Just yesterday the front page of our local paper highlighted the challenges buyers face in this competitive spring market. If you’re a home buyer, watch this short video for practical steps to achieve the best outcomes:
- Be Proactive with Home Loan Financing: Start with a thorough pre-approval. Submit all supporting income and asset documents to get fully pre-approved.
- Understand Your Affordability: Know your budget. You might need to offer above list price, so understand how this impacts your payments, closing costs, and cash needed for closing. Work with a lender who explains these options clearly.
- Evaluate Contingencies: Consider waiving the appraisal contingency or qualifying for a cash guarantee program.
Want to learn more about your options to win in this marketplace? Contact us today!