Your offer must be designed and crafted to make the best first impression with the Seller in a hot market. Therefore, when your request is presented to the Seller, it needs to be prepared to impress.
The sale price must be attractive to the Seller. Your earnest money deposit of 3% will get the Seller's attention. Home inspections and contingencies should be performed within a short time frame.
Documentation is key. Have the lender provide detailed documentation explaining all the steps and verification they have taken and gone through to pre-approve you for the financing. Ask for no concessions.
If using an agent, work with a buyer's agent; you are known and respected in the market you are hoping to buy it. An agent is known to get things done in a transaction and has an excellent reputation in that marketplace.
You need to keep the details in your offer clean and simple. This will put your head and heels over the other buyers competing for the home you would like to buy.
It is critical that the Seller's agent feels that the buyer's agent will have open communication and respect for them and their Seller. These details and strategies will help you obtain the home you would like to purchase.
Communication and respect are as critical as the documentation.
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