Winning Multiple Offer Listings
The San Diego real estate market is as hot as ever. Those who are trying to buy home San Diego for themselves will quickly realize how common it is to be competing with dozens of buyers for the same home. In order to seal the deal, you need to make your offer stand out. Otherwise, it is very possible your dream home will slip through your hands right before your eyes.
In this video blog, I share four of my best tips for helping you put together an offer that will grab the attention of the sellers in a multiple-offer situation. Here’s a bit of a teaser of what you’ll learn in this video.
1: Have a great lender working for you. Other people have probably told you about the importance of having a rock star real estate agent, but who you choose for a lender matters just as much.
2: Find a lender before you even start your home search.
3: Get to know this lender well. Tell them about you’re your San Diego area dream home looks like, what you’re interested in buying.
4: Then send them all of the relevant paperwork to get you pre-qualified for a loan. This helps you understand how much you can realistically afford before heading out to tour properties.
It also shows the sellers that you’re serious about buying their San Diego home. It also gives you a competitive advantage if you already know what the terms of your loan will look like, such as what interest rate the bank is willing to give you. The pre-qualification will also give the sellers an idea of how much you plan to put down as a down payment, which reduces some of the lending uncertainty down the road which can happen if you’re not putting down at least 20% or if you plan to use a federal or first-time homebuyer program. There’s nothing worse than getting too far down with a home purchase only to have your deal fall through because you couldn’t get the financing you needed!
If you’re trying to buy home San Diego for you, you need to have a rock solid offer. To learn all four of my tips for winning a bidding war on a San Diego property
If you’re buying a San Diego home, you may find yourself competing against other offers. What can you do to make your offer stand out and win your dream home? Today, I have four tips to help you to buy home San Diego for you do just that. The first step is to work with a great lender; they can contact the listing agent personally and vouch for you as a buyer. To learn all four tips for winning a bidding war on a home, watch this short video.