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5 Tips for Homebuyers Who Want to Make a Competitive Offer

Keeping Current Matters

Listen to Your Real Estate Agent. The best way to know this is to reach out to your lender to get pre-approved for a loan early in the homebuying process. Only 44% of today’s prospective homebuyers are planning to apply for pre-approval, so be sure to take this step so you stand out from the crowd. Bottom Line.

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How to Make a Winning Offer on a Home

Keeping Current Matters

The best way to know this is to get pre-approved for a loan early in the homebuying process. Only 44% of today’s prospective homebuyers are planning to apply for pre-approval, so be sure to take this step so you stand out from the crowd. Don’t make an offer that will be tossed out as soon as it’s received. Bottom Line.

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5 Tips for Making Your Best Offer

Keeping Current Matters

The best way to understand your numbers is to work with a lender so you can get pre-approved for a loan. As Freddie Mac puts it : “This pre-approval allows you to look for a home with greater confidence and demonstrates to the seller that you are a serious buyer. ”. Agents are experts in the local real estate market.

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5 Things Homebuyers Need To Know When Making an Offer

Keeping Current Matters

That’s why you should connect with a lender to get pre-approved for a loan early in the homebuying process. A skilled agent will do everything they can to help you stay on top of every possible opportunity. Use an agent as your trusted advisor to make a strong, but fair offer based on market value, recent sales, and demand.

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Closing on a House Checklist: 6 Things Home Buyers Must Do Before They Move In

Realtor.com

Most purchase agreements have contingencies —things that buyers must do before the real estate transaction is official, explains Jimmy Branham , a Coral Springs, FL, real estate agent at the Keyes Company. It’s rarely advisable to waive an inspection contingency. Get final mortgage approval. Clear the title.

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20% of Winning Home Offers Waived the Inspection Contingency in June, Up From 13% Last Year

Redfin

of successful offers submitted by Redfin agents in select major U.S. markets waived the inspection contingency, compared with just 13.2% Winning offers waived the appraisal contingency at a similar rate—20.6%—up The situation is out of control,” said Lindsay Katz , a Redfin agent in Los Angeles. “I In June, 19.9%

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What Does Contingent Mean in Real Estate?

HomeLight

So in this context, “contingent” is a bit like saying, “Hold on, we’re working things out!” ” Step one: Talk to a few buyer's agents! Get Started Are contingencies common in real estate? It’s also true that most real estate contracts, even those with contingencies, end up closing.