Here are the steps you must take to be the best buyer possible in a competitive market.
How do you buy in a competitive market? There are several key steps you must take.
First, put your best foot forward and get a pre-approval letter. This will let home sellers know you’re ready to buy. Next, make your offer as clean as possible. Uncertainty and/or confusion causes sellers to tighten up, which you don’t want. Generally, sellers will always opt for cleaner offers.
After that, if you have a house you need to sell first, make sure it’s on the market. Lastly, be prepared to make a strong offer. Prices in San Antonio have been rising at a rate of 5% per year over the past decade, so making the strongest offer possible will allow you to buy a home that will appreciate over time.
If you would like to know more about how to buy in a competitive market or you have any other real estate questions, feel free to call or email me anytime. I’d love to help you.