Preparing for a Hot Spring Market
Did you know that spring is peak home buying season, with 40% of purchases happening between March and June?!
If you’re buying a home this spring, it’s time to put on your game face and get ready to compete. Here are a few tips to help you win the bidding war and secure your dream home...
Be ready to act fast.
In a hot market, homes don’t last long. Be prepared to act quickly and make an offer as soon as you find the perfect home. *Ahem* this means getting pre-approval from a lender before starting your search.
Be prepared to make a strong offer.
In a competitive market, you may need to make an offer above the asking price to stand out. Be prepared to move fast and make a strong offer to secure your dream home. Don’t worry, we have a few more tricks up my sleeves to help your offer stand out!
Be open to different neighborhoods, home styles, and move-in dates. The more flexible you are, the more options you’ll have. Pro tip: Create a wants vs. needs list before you start searching.
We love helping clients come out on top of a bidding war and lock down their dream home. The sooner we can start preparing for your purchase the better, send me a message and let’s get started!
*According to NAR, spring is often the busiest season for home sales, with 40% of typical existing-home purchases taking place between March and June.
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