| If you're looking to buy a home, and the | | | | Be aware that any deadlines you try to |
| market has more homes than buyers, it can be | | | | initiate will only be a turn-off to the |
| hard to get the attention of the seller of a | | | | seller. If the ball is in their court, |
| home you love. Many sellers have multiple | | | | they're not going to go out of their way to |
| offers in on their home, and their goal is to | | | | adhere to your deadlines. Similarly, if they |
| get the highest possible price, with the | | | | put deadlines on you, realize that they can |
| simplest terms. Here's how you can compete: | | | | still accept another offer while waiting for |
| | | | your response. So if they give you a counter |
| Offering the highest bid isn't the most | | | | offer, or give you a term to negotiate, it is |
| important thing, but it certainly helps. You | | | | important to respond to them as quickly as |
| need to decide what exactly your top budget | | | | possible. Otherwise you risk them turning to |
| is for a home. Then, decide how much you | | | | someone else. |
| really want that particular home. Is it | | | | |
| really as perfect as you think? Is it worth | | | | Further, if this is a seller's market, and |
| offering more and rushing a sale? If so, go | | | | you desperately want a particular home, don't |
| ahead. | | | | nit pick the seller about repairs. You may |
| | | | get away with requesting a small fund set |
| I mentioned that having the highest offer | | | | aside for some outstanding repairs that the |
| isn't the most important thing. How can money | | | | seller is aware of, but don't try adding a |
| not be the most important thing? Well, if | | | | clause that gets the seller to fix it before |
| their are sticky terms attached, even the | | | | the sale goes through, or the chances of them |
| highest offer can look risky to a seller. If | | | | taking another offer are high. They want to |
| a buyer has to sell their home first, the | | | | move on, not start something new. |
| seller sees that they could be waiting months | | | | |
| before their sale is final. A couple thousand | | | | Finally, be sure you are pre-approved for a |
| dollars lower an offer but an immediate sale | | | | mortgage. This gives your offer legitimacy, |
| might look far more attractive. This can work | | | | and lets you know exactly what your bidding |
| to your advantage if you are able to buy | | | | maximum is. Plus, it could help a sale go |
| immediately with no delays or strange | | | | through faster-if that's what the seller |
| clauses, even if your offer isn't above | | | | wants. |
| anyone else's. Alternatively, the seller may | | | | |
| want a delayed sale for reasons of their own. | | | | From the writing team of Stephen and Alice |
| Being flexible to their needs will serve you | | | | Proski, accredited Scottsdale AZ Realtors. |
| best if it's truly the home you need. | | | | Visit his website for Scottsdale Arizona real |
| | | | estate listings. |