{"id":2021,"date":"2017-12-12T11:00:27","date_gmt":"2017-12-12T11:00:27","guid":{"rendered":"https:\/\/thezakariagroup.com\/before-you-make-an-offer-here-are-4-tips-for-success\/"},"modified":"2017-12-12T11:00:27","modified_gmt":"2017-12-12T11:00:27","slug":"before-you-make-an-offer-here-are-4-tips-for-success","status":"publish","type":"post","link":"https:\/\/thezakariagroup.com\/before-you-make-an-offer-here-are-4-tips-for-success\/","title":{"rendered":"Before You Make an Offer, Here Are 4 Tips for Success!"},"content":{"rendered":"
\n

\"Before<\/p>\n

So, you\u2019ve been searching for that perfect house to call a \u2018home,\u2019 and you finally found it! The price is right, and in such a competitive market, you want to make sure that you make a good offer so that you can guarantee that your dream of making this house yours comes true!<\/span><\/p>\n

Freddie Mac\u00a0<\/em>covered\u00a0<\/em>\u201c4 Tips for Making an Offer\u201d<\/em><\/a> in their\u00a0Executive Perspective.<\/em> Here are the 4 tips they covered along with some additional information for your consideration:<\/p>\n

1. Understand How Much You Can Afford<\/strong><\/h4>\n
\n

\u201cWhile it\u2019s not nearly as fun as house hunting, fully understanding your finances is critical in making an offer.\u201d<\/em><\/p>\n<\/blockquote>\n

This \u2018tip\u2019 or \u2018step\u2019 should really take place before you start your home search process.<\/p>\n

Getting pre-approved<\/a> is one of many steps that will show home sellers that you are serious about buying, and will allow you to make your offer with the confidence of knowing that you have already been approved for a mortgage for that amount. You will also need to know if you are prepared to make any repairs that may need to be made to the house (ex: new roof, new furnace).<\/p>\n

2. Act Fast<\/strong><\/h4>\n
\n

\u201cEven though there are fewer investors, the inventory of homes for sale is also low and competition for housing continues to heat up in many parts of the country.\u201d\u00a0<\/em><\/p>\n<\/blockquote>\n

The inventory of homes listed<\/a> for sale has remained well below the 6-month supply that is needed for a\u00a0\u2018normal\u2019 market. Buyer demand has continued to outpace the supply of homes for sale, causing buyers to compete with each other<\/a> for their dream homes.<\/p>\n

Make sure that as soon as you decide that you want to make an offer, you work with your agent to present it as soon as possible.<\/p>\n

3. Make a Solid Offer<\/strong><\/h4>\n

Freddie Mac\u00a0<\/em>offers this advice to help make your offer the strongest it can be:<\/p>\n

\n

\u201cYour strongest offer will be comparable with other sales and listings in the neighborhood. A licensed real estate agent active in the neighborhoods you are considering will be instrumental in helping you put in a solid offer based on their experience and other key considerations such as recent sales of similar homes, the condition of the house and what you can afford.\u201d<\/em><\/p>\n<\/blockquote>\n

Talk with your agent to find out if there are any ways that you can make your offer stand out in this competitive market!<\/p>\n

4. Be Prepared to Negotiate<\/strong><\/h4>\n
\n

\u201cIt\u2019s likely that you\u2019ll get at least one counteroffer from the sellers so be prepared. The two things most likely to be negotiated are the selling price and closing date. Given that, you\u2019ll be glad you did your homework first to understand how much you can afford.<\/em><\/p>\n

Your agent will also be key in the negotiation process, giving you guidance on the counteroffer and making sure that the agreed-to contract terms are met.\u201d<\/em><\/p>\n<\/blockquote>\n

If your offer is approved,\u00a0Freddie Mac\u00a0<\/em>urges you to \u201calways get an independent home inspection, so you know the true condition of the home.\u201d\u00a0<\/em>If the inspector<\/a> uncovers undisclosed problems or issues, you can discuss any repairs that may need to be made with the seller, or cancel the contract.<\/p>\n

Bottom Line\u00a0<\/strong><\/h3>\n

Whether buying your first home or your fifth, having a local real estate professional who is an expert in their market on your side is your best bet to make sure the process goes smoothly. Let\u2019s talk about how we can make your dreams of homeownership a reality!<\/p>\n<\/div>\n

Powered by WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"

So, you\u2019ve been searching for that perfect house to call a \u2018home,\u2019 and you finally found it! The price is right, and in such a competitive market, you want to make sure that you make a good offer so that you can guarantee that your dream of making this house yours comes true! Freddie Mac\u00a0covered\u00a0\u201c4 […]<\/p>\n","protected":false},"author":101010,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[98,99,101],"tags":[],"jetpack_publicize_connections":[],"yoast_head":"\nBefore You Make an Offer, Here Are 4 Tips for Success! - The Zakaria Group<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thezakariagroup.com\/before-you-make-an-offer-here-are-4-tips-for-success\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Before You Make an Offer, Here Are 4 Tips for Success! - The Zakaria Group\" \/>\n<meta property=\"og:description\" content=\"So, you\u2019ve been searching for that perfect house to call a \u2018home,\u2019 and you finally found it! 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