Sunday, May 17, 2015 / by Christine Norcross
1) Offer over asking - why start at the list price if there are 5 offers in? Most people will start with an offer over asking. Isn't that extra $$ worth it to shed the competition from the sellers eyes?
2) Mortgage financing - make sure you have a pre-approved - take the extra step and have your mortgage person look at all your financials they require and ask for a preapproval. Your loan would be submitted to underwriting. Your mortgage person would provide you with a pre approval letter.
Can you waive the financing contingency. It is worth considering to make your offer more competitive. This means you are not making the offer contingent on the purchase.
3) Inspection. You could consider a pre inspection prior to making your offer so you know any big issues. Some people may actually waive the inspection contingency.
Good luck with your home search. We have a team of buyer specialist who have been successful in this market getting offers accepted. Feel free to contact the Norcross Team at 781-929-4994