4 Tips Before You Make an Offer to Your New Home

Finally, after searching for your new home, you have found the one.

Now you need to get your broker’s approval for the purchase.

Here are four tips you need to know to seal the deal from Freddie Mac’s “4 Tips for Making an Offer.’

1. Be Prepared with Your Budget

Being one step ahead when it comes to major purchases shows that you are a serious buyer.

Get pre-approved for a mortgage of the amount that is within your budget.

Make sure to prepare enough allowance in your budget for any repairs for your dream home.

2. Act Fast

Buyers are now competing with each other over the limited supply of homes up in the market, according to the National Association of Realtors.

Once you find the right house that fits your needs and your budget, better grab it fast.

3. Make Your Offer Stand Out

Seek the help of a professional, in this case your real estate agent, to help you and your offer to stand out.

It is best to have a licensed real estate agent assess the property.

4. Be Open to Negotiations

Once you make your offer, it is best to expect that there will be a counteroffer and a negotiation.

The selling price and the closing date are two things to be negotiated.

In Conclusion

It’s advantageous to have a real estate professional on your side whether it’s your first time to buy your home or not.

At Burgess Group Realty LLC, we make sure our clients get a smooth process of owning their homes. Let’s talk about how we can help you make your dreams of owning a home a reality!

Call Catherine now at 303.506.5669.

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