Home Buyer Tips in a Hot Sellers’ Market

 

Home Buyer Tips in a Hot Sellers' Market:

When housing inventory is low, the housing market becomes very competitive and prices tend to rise.  If you plan to buy a home in this environment, you'll need to plan ahead to avoid losing out.  Follow the 5 home buyer tips below, and increase your chances of winning in a hot sellers' market!

 

1.) Stick to your budget:  Before you go out looking for your dream home, meet with a mortgage lender to get “pre-approved” so you know what loan amount you qualify for.  Be prepared to walk away if you happen to find yourself in a bidding war and a price that surpasses your budget.

2.) Identify desired neighborhoods and prepare a list of wants vs. needs:  Home buyers should have a list of  “must haves” to help you focus on the right location and property features.

3.) Home buyers need to be prepared to act quickly: In a sellers' market, homes rarely stay on the market long. Buyers should view new listings immediately and be prepared to submit offers quickly!

4.) Submit your highest and best offer with limited contingencies: Don’t try to “make a deal” in this competitive market.

5.) Work with one of Acuity Group's experienced Home Buyer Agents and listen to their advice.  We'll give you the extra advantage needed to win in a competitive housing market!

Ready to Buy a Home?  Click HERE to get Started!

Acuity Group Real Estate Professionals
564 Dodge Ave Suite A
Elk River MN 55330
Office:  763-633-3535
www.ACGProperty.com

OUR SPECIALTIES:   Residential & Commercial Seller and Buyer Services, Property Management & Residential Rentals,  Residential and Commercial Investment Property Specialists, Listing & Marketing Specialists, CDPE (Certified Distressed Property Experts), Short Sale Specialists, REO/Bank Owned Sales.  Golf course properties, water front properties, acreage & hobby farms, vacant land, condos & townhomes, industrial/manufacturing/retail properties, association maintained properties, senior housing, luxury homes, vacation & secondary housing.

Serving the following Minnesota Counties:  Sherburne, Anoka, Wright, Hennepin and portions of Isanti County

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