| Buying in our Market
Increase Your Chances of Getting Your Dream House or Property
Finding and purchasing a home in the Chelan or Douglas County area can be a challenge, but I'm here to help! Properly prepare yourself by starting with these steps:
- Get prequalified for a mortgage. You'll be able to make a firm commitment to buy and make your offer more desirable to the seller.
- Stay in close touch with your real estate associate to find out first about new listings that come on the market. Be ready to see a new property as soon as it goes on the market.
- Scout out new listings yourself. Look online, check out newspaper ads, and drive by neighborhoods frequently . Maybe you’ll see a brand-new "For Sale" sign before anyone else.
- Be ready to make a decision. Spend time in advance deciding what you must have so you won’t be unsure when you have the chance to make an offer.
- Bid competitively. You may not want to start out offering the absolute highest price you can afford, but don’t try to go too low to get a deal. In a tight market, you’ll lose out.
- Keep contingencies to a minimum. Restrictions such as needing to sell your home before you move or wanting to delay the closing until a certain date can make your offer unappealing. Consider that in a tight market, you'll probably be able to sell your house rapidly. You may wish to talk to your lender about getting a bridge loan to cover both mortgages for a short period.
- Don't get caught in a buying frenzy. Just because there's competition doesn’t mean you should just buy anything. And even though you want to make your offer attractive, don’t neglect inspections that help ensure your house is sound.
Other Considerations
There are other things to consider as well, and some factors may be more important in certain areas, or at different times of the year. I have knowledge of the local Chelan and Douglas County real estate market, and can suggest ways to "fine tune" your buying preparations. Contact me if you'd like to discuss further!
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