The Bottom Line: Make Your Offer Stand Out
There’s a lot to consider when navigating a seller’s market and placing an offer on a home. It’s important to act quickly when you find the perfect house, while also taking the necessary steps to ensure your offer stands out among the competition. Showing the seller that you’re a serious buyer who’s willing to go the extra mile, both in your intention and financial offerings, can make your offer that much more desirable.
Since buyer personal “love letters” to the seller are no longer allowed due to Fair Housing rules so your strong offer and a good realtor are your best tools.
Set yourself up for having your offer accepted on a home by getting preapproved for a mortgage prior to your home search. This not only helps you understand how much house you can afford, but it can give you additional credibility with the seller as they consider your offer.