Top secrets you need to know when buying your next home

When in the market to buy a home, saving money and getting the best deal possible is the number one agenda on everyones mind. There are 4 important things you must do to save the most money in a buyer's market.

1. Get your loan approved. In order to get a home at a price lower than market value you must have a loan already in place. By having your loan secured you have a distinct advantage over other buyers. You show the seller that you are a serious buyer with the capacity to close a loan quickly which makes the offer much more attractive to home sellers. This enables you to come in at a lower price because it shows you have the funds to complete the transaction.

2. Know what you are looking for. When looking for a home a buyer must be aware of their wants and needs. Many times people are casually looking for the next best deal on the market. This can be a big mistake. Often a buyer will have the perfect home become available and not even realize that the home is a perfect match for their needs. When they do finally realize this is the home they want the home is already sold. The very best deals on the market come and go with in 24 hours to 5 days. You must understand that there are virtually hundreds of buyers in the market looking for exactly what you are looking for. They are your competition  and you must have the advantage over them by knowing what you want or you will always be a day late and a dolllar short.

3. Be ready to act and move in within 30 days. Besides price and terms, sellers are usually looking for a quick close. Many times especially in a buyers' market sellers have no choice but to sell and timing is as important as price. By offering a quick close you are actually helping sellers stay out of forclosure, make a smoother transition into their next home and often saving them from more problems financially than them getting full price sometime in the next six months. This can benefit you greatly. A quick closing can often save you up to 20% just by alieviating the sellers responsibility of making another mortgage payment.

4. Call Town and Country immediately. We can't save you money on your next purchase unless you contact us. The sooner you start the proccess the more opportunity you will have to get the best deal available.                            

Call me anytime.    206-261-SELL(7355)