Local Real Estate June 15, 2022

Tips 🤔 To Get Your Offer Accepted 🏠

Tips to get your offer accepted. Are you competing with other buyers on your dream home or do you want to make sure you’ve got the best chance of getting your offer accepted? Well, you’re watching the right video. These four buyer tips are sure to help you land your dream home! Hi, I’m Maya Crelan Ray with David Lyng Real Estate, I’ve helped plenty of buyers get their dream home so I know how scary it can be and how excited you can get. It’s my job to help you get your dream home. Here are a few tips.
Number 1, make sure you know what the list price to sales prices of homes are going for in the area you are looking. Right now it’s a very competitive market due to limited inventory, and homes are getting bid up significantly above list price. So as an example, if you are looking for homes in an area and they are listed for 1,000,000 but they are actually selling for on average of 1,250,000 (which by the way is not uncommon right now), then that means you should expect to pay around 1,250,000. And if you are only qualified for 1,000,000 and you know that homes are selling for more in the area you are looking, then you need to look at homes that are being SOLD around the price point that you are qualified for and can afford to pay.
Number 2, make sure you’ve offered a competitive price on the home, if there are multiple offers, and you
are able to remove the appraisal or loan contingency, then do so. But make sure you know the risks when doing so. Number 3, put down a larger earnest money deposit. It shows that you are serious and also shows that you have money and most likely are more qualified to purchase the home. Be sure not to remove your loan or appraisal contingencies until you are absolutely certain that you are fully approved to purchase the home and the underwriter has given the full approval, otherwise you could stand to lose that deposit. What if you don’t have enough money
for a large down payment? Maybe, if you can remove some of your contingencies? For example, maybe you’ve seen the inspections and know the house is in great shape, you could potentially remove the inspection contingencies. Or, you’ve been through the entire approval process and have Desk Top Underwritten approval, then you can remove your loan contingency so that your offer stands out among others!
Number 4, let the seller know that you’ve verified the taxes and taken them into consideration in regard to your payment, let them know that you are going to be as reasonable as possible in regards to repairs and requests once you go into escrow.
Hey, listen there are so many more tips that I can tell you, but it would take too long. Give me a call and let me assist you in getting your dream home. And don’t forget, it doesn’t cost you anything to work with me, the seller pays for my fees, but I’m here to protect you. I would love to help you in the purchase of your home. Maya Crelan Ray with David Lyng Real Estate and I’m always here to help, please feel free to reach out with any questions large or small. And as always, I hope you have an amazing day.