As we move into Spring and the Spring buyers market, inventory remains low. We anticipate more homes coming on the market, but we also anticipate more buyers out searching for their perfect home. Competition is great for sellers but it can prove very frustrating for buyers. Multiple offers may again be a problem faced by buyers. These tips worked in the past and will continue to work in the future. Your agent may not be aware of all of them so if you anticipate buying in the future then save these in order to structure the winning offer. A well priced home in good condition will attract offers. How does a buyer structure or position themselves so that they are the offer chosen? Here are a few tips to make sure you get the home you have fallen in love with. 1. Make sure you offer is reasonable. If you know there are several offers on a home, you must be full price or close to it. Make sure you provide a pre-qualification letter with your offer.

1. Westhill Property
Consulting

2. 7 Home Buyer Tips As We
Move Into Spring
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As we move into Spring and the Spring
buyers market, inventory remains low.
We anticipate more homes coming on
the market, but we also anticipate more
buyers out searching for their perfect
home. Competition is great for sellers
but it can prove very frustrating for
buyers. Multiple offers may again be a
problem faced by buyers. These tips
worked in the past and will continue to
work in the future. Your agent may not
be aware of all of them so if you
anticipate buying in the future then save
these in order to structure the winning
offer.

3. 

A well priced home in good condition will
attract offers. How does a buyer
structure or position themselves so that
they are the offer chosen? Here are a
few tips to make sure you get the home
you have fallen in love with.
1. Make sure you offer is reasonable. If
you know there are several offers on a
home, you must be full price or close to
it. Make sure you provide a prequalification letter with your offer.

4. 
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2. Increase your earnest money. This is a great
way to show your commitment. You will get your
earnest money back if you terminate due to
inspection or if you do not qualify for your loan
and you have a financial contingency. If the
purchase is completed your earnest money will be
credit to you at closing.
3. Price is not always the number one reason the
seller selects an offer. Keep the terms of your
offer simple. When a seller is selecting an offer to
accept or counter they want to know exactly what
the buyer is asking them to do. They do not want
to get bogged down with special stipulations and
request for the seller to do things.

6. 
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4. Contingencies scare sellers. If you can avoid
a contingency in a multiple offer then leave it out
of your offer. As an example, if you are a buyer
that is buying with a contingency on your home
closing and there are multiple offers then take the
contingency out but leave the financial
contingency in the contract.
5. A good agent will try to find out the sellers
needs and motivation. Once you know why they
are selling, and when they need to move, you can
structure your offer to meet these needs. Make
sure you give them the time they need on the
closing date.

8. 
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6. Foreclosures do not have sellers who are
attached. Emotions do not normally play a role in
their negotiations but sharing details about the
buyer of the property can influence their thinking.
7. If the seller of the home you fall in love with is
an individual or a couple write them a letter. Let
them know you love the house and why. Tell what
emotions you felt when you walked in and why it
is perfect for you or your family. In some
cases, sellers will pick a family that will love their
home over a higher offer.

10. 
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Several years ago I had a buyer who was
interested in a home for sale in the area. The
home had already received an offer in the first
week. Doing my due diligence, I learned that
the seller’s desire was to get the home under
contract quickly and have an extended time for
closing.
I advised my clients to make an offer several
thousand dollars below list price and leave the
closing date blank so the seller could select
the closing date. The buyer was flexible.

12. 
The sellers loved being able to pick their
closing date and responded to our offer over
the higher priced offer. My buyer got the home
they loved and the sellers got to close when
they wanted.
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Related Sites:
http://www.westhill.info/PropertyConsultant.as
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