A FEW TIPS ON MAKING A SUCCESSFUL OFFER

Dated: 03/09/2018

Views: 110


Image title

There are many steps in the home buying process. Arguably the most important step, however, is making a successful offer. The good news, according to Freddie Mac senior vice president, Chris Bowden, is that today’s market is more traditional than it has been in recent years. In other words, there are fewer real-estate investors and cash sales, which means potential buyers should see more opportunities. Still, it’s important to know what you’re doing before making an offer on a house. Bowden offers a few tips in a recent article for Freddie Mac’s Executive Perspectives series. Among them, he names fully understanding your finances as the most critical. A buyer needs to know how much house they can afford in order to know if their budget can cover, not only their prospective mortgage payment, but any unexpected maintenance costs that come up as well. Buyers also have to act fast. Though there are fewer investors competing for homes, there are also fewer homes for sale. And since inventory is low, there’s going to be competition from other buyers. Being prepared for it can make the difference between a successful offer and a rejected one. Finally, Bowden says to rely on the expertise of the professionals you’ve hired to help guide you through the process. They should be able to help you make your strongest offer by comparing it to other recent sales in the neighborhood. Any questions call me: (210) 381-6243

Want to Advertise on this Site?

Latest Blog Posts

Hurricane Harvey Distorts Houston Housing Analysis

Current market conditions are healthy, but storm’s effects distort traditional measurementsHOUSTON — (September 12, 2018) — Thousands of people are still haunted by Hurricane Harvey’s

Read More

Becoming Debt Free Sep 14 2018 53944 1

Eliminating debt is the first step to cultivating better financial habits. Below are five additional habits to keep you out of debt. Becoming debt-free takes time, though the result is well worth.[

Read More

4 Bd 4 Ba In Manvel JUST LISTED

Take a l👀kShare ❤ with your family & friends 🙂Call or Text 832-444-4225 📱 Cristalhttps://cristal.remaxamericandream.com/property/67-90618251-6535-Texoma-Drive-Manvel-TX

Read More