Trying to buy a home in a seller’s market can be both difficult and stressful. With more competition and less houses available, it can be very challenging to get your offer accepted. Keep these tips in mind when submitting an offer in a seller’s market.
- Do not ask for anything extra in your offer, such as asking them to pay for the homeowner’s association documentation fees or the home warranty coverage. The “cleaner” your offer is, the better.
- Be sure to read through the exclusions on the listing. Do not ask the seller for any of their personal property, such as their washer and dryer or the refrigerator.
- While the typical earnest deposit on a house is around 1 percent or the purchase price, provide the largest deposit that you can to help show the seller that you are serious about buying.
- Write a personal letter explaining why you want to live in the house. The more personal you make it, the more of a connection the seller will feel.
Contact The Alan Shafran Group for all of your North San Diego County real estate needs.