Creating the Strongest Bid in a Seller’s Market

Submit your highest offer upfront and put the seller’s wants first, and you will be calling that house a home in no time 

You see the perfect house on-line and you call your agent to schedule a showing.  The house is perfect!  It has the gourmet kitchen, open floor plan, lots of storage, the fenced in yard for the dog…it has everything you want and it is in the perfect location! 

Because the house is perfect for you, it is also perfect for everyone else.  Such properties quickly generate multiple offers in a very short time, but only one of those offers succeeds — and you want to ensure that your offer is the one that succeeds.  To ensure that happens, you need to place the best offer in a market that has significantly favored sellers for many months.   

Once you have found that perfect house, you should prepare to jump in with a strong offer that should contain these elements:    Continue reading “Creating the Strongest Bid in a Seller’s Market”

Homebuyer Sabotage

The homebuying market is tough!  As a homebuyer, the last thing you want to do is to sabotage your home purchase.  There are several simple things that you can do to avoid homebuyer sabotage.  Follow these simple steps and you will be calling that house your home in no time. 

The Homebuying Market is Tough

The home buying market is tough!  No question.  The last several years have been tough for homebuyers.  Low inventory, high demand, rising prices, and tighter lending rules have all contributed to this market.  As a homebuyer, what can you do?

What You Can Do

We work have worked with many homebuyers; from first-time home buyers to people looking step down, step up or buy their retirement retreat. Even before we begin to look at houses, we spend some time getting to know our homebuyer and talking to them about the ins and outs of the local market.  We also talk quite a bit about the home buying process.  Even for many experienced homebuyers, the process today can be quite different from the process just a few years ago.  Our goal is to make the process as smooth as possible for our clients.

One of the things that we talk about our ways not to sabotage your own home purchase.  A few weeks ago, I highlighted three ways that a homebuyer can sabotage their home purchase.

Photo by Binyamin Mellish from Pexels

This week, we introduce three additional ways.

 

To recap, here are 6 ways that you as a homebuyer can avoid sabotaging your home purchase.

Recap – Ways to Avoid Homebuyer Sabotage

Stay Pre-Approved:  NO new lines of credit, minimum credit card usage, no late payments.

Don’t Dilly Dally:  If you fall in love with a house, you will need to make an offer QUICKLY.

Not Placing Your Best Offer the First Time:  The risk with a low offer is that you will not only sabotage your chances of negotiating with the seller but your offer might simply be rejected outright,  without a counter, or even ignored.

Asking Too Much from the Seller:  Be careful about how much you ask for because a seller will weigh all the pros and cons, especially in a multiple offer situation, and not necessarily accept the one that was for the most money.

Nit-Picking the Home Inspection:  Focus on the important repairs!

Having Pre-Mature Buyers’ Remorse:  Once your offer has been accepted, the appraisal is done, the inspection is done, and everything is hunky-dory – STOP home-shopping!

 

Photo by PhotoMIX Ltd. from Pexels

 

About Log Pond Realty @ RE/MAX United

Home is where your story begins. A home is where hopes and dreams are born, memories are made, and lives are lived. We would love the opportunity to assist you with assisting you to write your new story.

We can be reached via email at inquiries@logpondrealty.com or by phone at 919.589.3576.

We service the Triangle region of North Carolina including Raleigh, Cary, Apex, Holly Springs, Morrisville, Fuquay-Varina, Durham, Chapel Hill, Wake Forest, and Garner.

Getting Smart About Real Estate – Getting Your Home Ready for the Spring Selling Season

Kicking off a new video series this week with tips for buying and selling a home.

If you are thinking of selling a home this spring, here are some quick tips to get your home ready for the spring selling season.

 

About Log Pond Realty @ RE/MAX United

Home is where your story begins. A home is where hopes and dreams are born, memories are made, and lives are lived. We would love the opportunity to assist you with assisting you to write your new story.

We can be reached via email at inquiries@logpondrealty.com or by phone at 919.589.3576.

We service the Triangle region of North Carolina including Raleigh, Cary, Apex, Holly Springs, Morrisville, Fuquay-Varina, Durham, Chapel Hill, Wake Forest and Garner.

Why You Need a Buyer’s Agent for New Home Construction

So…you’ve decided to buy a new construction home!  Congratulations!!!

Here in the Triangle, we are fortunate to have a wide variety of new construction options provided by some great builders! Over the past several weeks, we have visited some new home communities across the Triangle and will continue to highlight some of the great options across our area.

When you decide to take the leap and buy a new construction home it seems so easy.  You get to customize the home from top to bottom and best of all, everything is sparkly and new!!!!

Unfortunately, building a home is not so simple or easy.  Lots can go wrong and you could wind up with a less than perfect new home.

One of the questions that you may have as a buyer is Do I Really Need a Buyer’s Agent for New Construction?  The answer is ABSOLUTELY!!!!

The infographic below outlines some of the reasons why you need a buyer’s agent for new construction.

Why You Need a Buyers Agent for New Home Construction

About Log Pond Realty

Home is where your story begins. A home is where hopes and dreams are born, memories are made, and lives are lived. We would love the opportunity to assist you to write your new story.
We can be reached via email at inquiries@logpondrealty.com or by phone at 919.589.3576.
We service the Triangle region of North Carolina including Raleigh, Cary, Apex, Holly Springs, Morrisville, Fuquay-Varina, Durham, Chapel Hill, Wake Forest and Garner.