{"id":432,"date":"2016-02-06T22:07:45","date_gmt":"2016-02-07T03:07:45","guid":{"rendered":"http:\/\/jillrice.com\/?p=432"},"modified":"2016-02-07T21:06:27","modified_gmt":"2016-02-08T02:06:27","slug":"buyer-beware","status":"publish","type":"post","link":"https:\/\/jillrice.com\/?p=432","title":{"rendered":"Buyer Beware!"},"content":{"rendered":"

2016\u00a0is shaping up to be a big year if you want to sell your home.<\/strong> \u00a0Interest rates are still low and there are too few homes for sale. This is causing a feeding frenzy in some markets for \u00a0buyers. \u00a0Buyers are having a tough time standing out in this seller’s market. \u00a0Here are a few tips on finding a home and going under CONTRACT<\/strong> with the home of your choice:<\/p>\n

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1- Have a pre-qualified letter in hand from your preferred lender if you are getting a mortgage. \u00a0A lender can help you determine beforehand how much you’ll want to pay for a home. \u00a0Knowing this early helps you eliminate homes that are too expensive or even homes that are in a lower price range. \u00a0Be efficient. \u00a0Finalize this early! \u00a0Search in your sweet spot and no where else.<\/p>\n

2-Hire a Realtor\u00ae as your buyers agent to assist you in finding these homes the day they come on the market (and sometimes even before they are listed). When she calls you with a possible home, you’ll need to see it soon. \u00a0We are seeing homes go under contract within hours of being listed. \u00a0You’ll need to make a fast decision if you think you’ve found a home in the right location. \u00a0Remember, you’ll ask for a due diligence period. \u00a0If something goes wrong, you will have several days to walk away from the contract if for some reason you no longer want the home. \u00a0As long as you are in your due diligence period, you will not loose any earnest money you’ve provided.<\/p>\n

3- Make it a strong offer. \u00a0In a sellers market, submit your highest and best offer up front.<\/p>\n