What are some tips to achieve home ownership in a competitive market?

One of our biggest recommendations, is to work with a realtor! A local real estate agent will be able to help advise you the best in regards to the value of the properties that you are interested in, and will be able to help you hit the ground running!
Home inspections! We always encourage buyers that when putting in an offer on a home, that you ask for a home inspection. However, there are certain ways to navigate this to make your offer an even stronger one! For example, perhaps you ask for a home inspection for informational purposes only, or you may exempt repairs unless they exceed a certain amount.
Earnest money deposit. The more that you’re willing to put down as earnest money = the more that the sellers can see that you’re all in for this property.
Escalation clause. This can be extremely helpful! If you know that you’re competing against multiple other offers, it might be a great idea to do an escalation clause up to the property value that you’re most comfortable with.

In search of your dream home? Give our team a call, today! We’d love to answer your questions on how you can improve an offer in a competitive market! Make sure to follow us on social media to see what FAQ’s Ashley answers next week!