Navigating the Wild World of a Seller's Market | Guiding You Forward
It’s time for a new episode of the Guiding You Forward video podcast—and this one couldn’t have come at a more opportune time. This time around, we sit down with Karl Loveless, mortgage sales manager at Mountain America Credit Union, to discuss tips to make your offer stand out to home sellers.
You’ll learn:
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The nuances of a seller’s market.
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How to position yourself for a successful bid.
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A unique option that could put your offer on top.
These days, it’s rare to see homes stay on the market for more than a week or two. Why are so many listings selling so fast? Karl cites the inventory shortage coupled with an influx of buyers. That means there’s a lot of people wanting to buy a smaller amount of properties which makes the competition fierce.
Luckily, finding the right home for you isn’t a lost cause—all it takes is a little preparation. Watch this podcast video to find out what our mortgage expert recommends to improve your chances of securing the home of your dreams.
The first tip? Start by making a list of everything you want in a new home—location, two-car garage, basement, etc., then assign each item to one of these categories:
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Must-haves
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Want but can obtain down the line
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Can live without
This will help you eliminate properties faster, so you don’t have to waste your time touring homes that don’t fit your criteria.
We also offer one actionable tip that could be the key to a successful bid!
Watch our video for more on this as well as the rest of our prep tips.