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5 Things Homebuyers Need To Know When Making an Offer

Keeping Current Matters

The problem is, in today’s market there just aren’t that many homes available to purchase. That’s why you should connect with a lender to get pre-approved for a loan early in the homebuying process. Today’s market is dynamic and fast-paced. In today’s market, that’s often not the case. Brace for a Fast Pace.

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What to Do Before Offering on a Home

RIS Media

Take time to understand the current housing market. You’ll want to be sure you understand the current market and what houses are available. Is it a buyer’s market or a seller’s market? Is it a buyer’s market or a seller’s market? Get pre-approved for a mortgage.

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5 Killer Tips For Beating a Cash Buyer

Realty Biz

If you are looking to buy a home in a hot seller’s market, there is a strong likelihood you’ll be up against buyers who will be making a cash offer. Research The Current Real Estate Market. When trying to beat a cash offer, it’s essential to understand the current local real estate market? Let’s dive in!

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

Realtor.com

Appraisal contingency: With this contingency, a third party hired by your mortgage lender evaluates the fair market value of the home. Financing contingency: This contingency gives you the right to back out of the deal if your mortgage approval falls through. Get final mortgage approval. Clear the title.

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Buying in a Seller’s Market: 9 Ways to Win

Redfin

What is a Seller’s Market? A seller’s market is when there are more homebuyers in a particular area looking to purchase a home than actual houses listed for sale. A seller’s market usually results in rising home prices and stiffer competition among homebuyers. How has the pandemic affected the market?

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I Want to Buy a House in 2021. How Much Should I Offer Over the Asking Price?

HomeLight

If you’re looking to buy in 2021, then you already know that the market is white-hot. That means it’s a prime seller’s market — and a potentially tough go for hopeful buyers. So how can you be prepared to pounce with the right offer over asking price when you see that dream home hit the market? Perfect match, right? Not so fast.

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Reality Check: 9 Things to Expect When Selling Your Home

HomeLight

“Sellers don’t always understand the condition that their property should be in bringing onto the market,” says Thompson. Your buyer’s loan approval is often the closing step that takes the longest. Do you need interim housing, a specific closing date, or a seller rent back ?