Monday, February 22, 2010

Be Ready to Buy

If you find what you’re looking for in a home, you should be prepared to make an offer quickly. Even if homes are staying on the market a little longer in your neck of the woods, it only takes one other interested buyer to snatch the home or create a bidding war.

You can help the offer process by being ready. In addition to being pre-approved for a loan before you begin looking at properties, it’s wise to be honest with yourself. You know exactly what you want in a home and how much you can actually afford. Make sure to take into account utilities and other monthly expenses associated with homeownership.

Be advised, though, that a quick offer doesn’t necessarily mean a quick end to the transaction. There are myriad potential postponements in a real estate transaction. There may be contingencies, repairs, lender delays, or any number of other issues.

Purchasing real estate can be a tricky and detailed business, but a Texas REALTOR® can help prepare you for the process. He knows the value of properties in your local market and how to navigate the entire process to a smooth conclusion. He’ll use this information to help you submit an excellent offer.

When you have the information you need to make a good decision, your chances of making a successful offer on a property improve. Use a REALTOR® to increase your advantage.

Source:Texas Association of Realtors®

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