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Creative Ways To Win A Bidding War In A Competitive Market

Easy Agent Pro

Are there upcoming developments or infrastructure projects that could impact property values? Setting a Realistic Budget and Obtaining Pre-Approval Before engaging in bidding wars, creating a realistic budget is essential. Once you’ve established a budget, seek pre-approval from a reputable lender.

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How to Sell a House With a Realtor®, From Home Prep to Closing Day

HomeLight

Develop a plan to achieve your selling goals. Few (or zero) repair requests, contingencies , or seller concessions. The buyer’s financial health (mortgage pre-approval, down payment size, etc.). Often, sellers are so comfortable living in their homes that they’re blind to its live-in condition. Find Agent.

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Beach Town Fun Meets Southern Charm: How to Buy a House in Myrtle Beach

HomeLight

While deals and seller concessions may be tough to come by, there are a few things you can do to make a competitive offer. Increasing your down payment , upping the earnest money , and obtaining pre-approval from a local lender can also improve your offer. As with any neighborhood, expect trade-offs.

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Buyer’s Market vs Seller’s Market: What’s the Difference?

The Close

This means you’ve got a pre-approval in hand and that you understand the importance of being flexible. Guidance for Sellers in a Buyer’s Market For those sellers in a buyer’s market, you must be strategic about selling your home. Think: school districts, local amenities, or economic development.

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How to Sell a House By Owner in Pennsylvania: A Keystone State FSBO Guide

HomeLight

Any known issues related to preferential assessment, development or property rights. Not having agent representation could also lead to paying more in seller concessions. An attorney can help sellers put the contract together and educate you on how to handle everything correctly.”. Marketing your home is time-consuming.

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How to Sell a House By Owner in Virginia: an Old Dominion FSBO Guide

HomeLight

Not having agent representation could also lead to paying more in seller concessions. Here are key considerations when considering an offer on your Virginia home: Vet potential buyers by requiring a mortgage pre-approval letter or proof of funds. Whether the property is subject to a community development authority.