How to Buy a House in this Crazy Seller's Market

Here's how..
 

Many homes in the Bay Area are selling over asking price with multiple offers. In order to stand out among other buyers you must be strategic.

Get your money right

First things first, get your finances in order. Your agent should be able to give you the names of some trustworthy local lenders. Wait until you’re fully preapproved before you start home shopping. Properties in this market move quickly (around 2 weeks on average) so it’s best to have everything ready BEFORE you shop. Once you have a budget in mind, your agent can tell you which price points to look for. Remember, homes in the Bay are selling for way over list price, so make sure you’re looking below your max purchase price. Getting your loan fully underwritten before putting in offers will shorten your closing time, making your offer more attractive because the seller will get paid faster. Cha-Ching!

Keep an open mind

Sure that updated open concept kitchen is jaw dropping, but you’re not the only one being pulled into a listing for it’s beauty. You may not like what I’m about to say, but…

Fill out the information to your right for the rest of the article (which includes me tearing up - don't miss it!)
 
Felicia Mares

Realtor BRE#02028970

510.375.2344
Felicia@abioproperties.com