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Articles Tagged "Buyer Tips"

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Buy A House | 28 Posts
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Market Updates | 4 Posts
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Realtor Tips | 8 Posts
Sell A House | 14 Posts
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October
6

How to Negotiate like a Real Estate Pro

Most real estate brokers fall into one of three categories when it comes to negotiations. Some are unaware or nervous. Others are savvy and prepared. And the rest land somewhere in between. To become a confident negotiator with successful outcomes, equip yourself with the following tools.

  • Determine your deal points
    Prioritize which terms are most important to your client and which are less so. Is it price or a specific deadline? Updated appliances? Identify where you would like to be in each priority area—and put that in writing to support meeting those points.

  • Ask about the other side's deal points
    By asking the other side to explain their deal points, you can find ways to work within a framework that will address their concerns, find solutions to their problems, and achieve their goals. You're bound to find bargaining chips that you can give up to get a concession of value.

  • Collect and leverage data
    The person armed with the most amount of information is more likely to win the negotiation. That's why forward-thinking real estate brokers focus on key data to inform an offer, including:
    • Recent sales of comparable homes
    • A property's location
    • Lot size
    • Neighborhood
    • Current market supply and time
    • Taxes
    • Homeowner association fees
    • Seller's point of view

Adding these practical tools to your arsenal can boost your negotiating confidence and support successful outcomes for you, your team, and your clients. At JJ Elek, you'll be a part of a team that sets you up for success. Contact us if you're interested in taking your career to the next level.

____________________________________________________________________________________________________________________________________

Ready to buy or sell? Whether you are moving across the street or across the country our agents have years of experience and are ready to help.

Call Today!! (732) 634-9100

https://www.jjelekrealty.com/

#jjelekrealty 

August
18

Here's How to Build Equity in Your New Home

Now that you've invested in a new home, what does it take to increase its market value? Building equity is one the biggest financial benefits of home ownership. Here are some ways you can start building yours today.

Make the most of mortgage payments

A portion of every mortgage payment pays off your loan's principal, with most of it going to interest in the loan's early years. To make the best use of your money, consider the following:

  • Pay faster: Speak with your lender about dividing your monthly mortgage payment into two bi-weekly payments, for a total of 26, thus paying down your mortgage faster and gaining more equity
  • Pay more: If you have a 30-year mortgage, increase your payment either monthly or when you have extra cash from your tax refund, a bonus from work, or an inheritance

  • Refinance: If you have a 30-year mortgage, consider refinancing to a 15-year loan, which has a lower rate

Make smart renovations

Adding the right amenities and making smart improvements can also increase your home's market value, which ultimately means more equity for you. Which projects will bring the best return on your investment? Popular features can vary by area and home type but many of today's buyers typically love updates and enhancements to:

  • Attics
  • Bathrooms
  • Entrances
  • Garage doors
  • Kitchens
  • Siding

Be Mindful of the Market

The realities of a buyer's or seller's market will have an impact on how much return you'll get when you sell. Work with a professional real estate agent and financial professional when the time comes. Contact JJ Elek to learn more.

____________________________________________________________________________________________________________________________________

Ready to buy or sell? Whether you are moving across the street or across the country our agents have years of experience and are ready to help.

Call Today!! (732) 634-9100

https://www.jjelekrealty.com/

#jjelekrealty 

August
4

Existing Homes versus New Construction: What's Best for You?

In today's red-hot real estate market, more and more people are searching for homes in New Jersey. As you begin your home-buying journey, it's important to know what type of construction suits your unique situation — a resale or newly built home. Let's break down some of the benefits and drawbacks of each.

3 Pros of Buying an Existing Home

  1. Established neighborhood
    For many homebuyers, local amenities, school districts, and a sense of community are key. When you buy an existing home, you're joining a neighborhood with schools, parks, shopping, and commuter routes already in place. In newer communities, many of those amenities have yet to be built.
  2. Lower-priced options
    Existing homes tend to be less expensive than new construction. According to recent estimates, the median sales price of an existing US home in fall of 2021 was $354,000 versus $400,000 for a brand-new home. Add inflation and material shortages into the mix, and these differences are likely to persist into the near future.

3.Architectural details and history
Older homes are more likely to offer aesthetic details that would be difficult and expensive to replicate. Many older properties also have great stories behind them, which you become part of when you move in.

The Drawbacks of Existing Homes

Outdated floor plans
Barring extensive remodeling, you're unlikely to find modern floor plans in existing homes. The kitchens, bedrooms, and living rooms may not match the style you're seeking.

Potential for more repairs and maintenance
Unplanned repairs to roofing, heating systems, and appliances can have you spending money where you didn't expect to.

Energy inefficient
Older houses may be poorly insulated and rely on environmentally unfriendly resources like oil for heat.

3 Pros of Buying New Construction

  1. Modern and customizable floor plans
    If you're buying a new construction that's already complete, there's a good chance the layout will be more modern, with wide-open floor plans. If you're going for a custom-built home, you can work with the contractor to create a layout that works for your life.
  2. Lower maintenance
    With brand-new appliances, roofing, and HVAC systems, newly built homes usually require less maintenance. That means you can better predict monthly costs. Plus, newer homes often come with builder warranties that protect elements of the house for years before you need to address any major repairs.

    3. Smart and safe
    Newer homes often integrate "smart" technology components allowing you to automate internet, cable, speakers, and alarm systems. And new homes often use low- and zero-VOC (volatile organic compound) building materials, improving indoor air quality.

The Drawbacks of New Construction

Higher costs
New construction is typically more expensive than a resale home. For example, the median sale of an existing home in the US jumped to nearly $391,200 in April 2022, while a brand-new home topped $450,600 that same month.

Delays
If you're signing up for a home during the construction phase or building a custom home, it could take several months longer to move in compared with an existing property. This will vary by market and builder, so consider budgeting time for potential delays. If the construction is complete, this won't be an issue.

Lackluster landscaping
The area where the earth has been cleared to make way for new construction can feel stark and exposed with a newly constructed home. This is because it takes years for landscaping to grow and bring natural life to the property.

Still Deciding What's Right for You? Let JJ Elek help.

JJ Elek agents have years of experience with existing homes and new construction in the NJ market. We're ready to help you find exactly what you're looking for. Contact us today.

____________________________________________________________________________________________________________________________________

Ready to buy or sell? Whether you are moving across the street or across the country our agents have years of experience and are ready to help.

Call Today!! (732) 634-9100

https://www.jjelekrealty.com/

#jjelekrealty 

September
30

Continued buyer interest boosts Middlesex county real estate markets

Real estate markets in Middlesex county remain strong as continued interest from buyers and low inventories are bolstering prices. Although new listings are up from where they were from a year ago, housing inventories are still not keeping up with buyer demand in markets throughout New Jersey.

Locally, there were 502 new listings in September, and the median sales price for houses in Middlesex county rose to $480,000. Statewide, prices remain about 20% higher than a year ago. Interest from buyers has not cooled despite the increase in mortgage rates, although some buyers have had to adjust their price ranges to quality for home mortgage loans.

Meanwhile, houses continue to sell at a fast pace. Typical transactions are moving quickly and homes in the hottest markets are selling within a few days. 

______________________________________________________________________________________________________________________________

Ready to buy or sell? Whether you are moving across the street or across the country our agents have years of experience and are ready to help.

Call Today!! (732) 634-9100

https://www.jjelekrealty.com/

#jjelekrealty 

July
7

Tips & Advice to Downsize Your Home

Moving into a new house can be bittersweet. You may be excited for the change but sad to leave a home so full of memories. Downsizing can be even more of a challenge because a smaller place won't provide the space you need for all your current possessions.

The truth is, spending the time and effort downsizing and decluttering can have a very positive impact on your life. Here's how you start the process successfully (and without feeling like you're letting go of a memory).

Your Downsizing Plan

Whether you're downsizing or simply want to clear out some clutter, it can be a challenge without a plan. Of course you'll want to keep the most meaningful pieces, but holding onto too many things can become a clutter problem in itself. Here are some tips to declutter and downsize, without sacrificing your meaningful belongings.

Make room for minimalism

Downsizing doesn't have to mean getting rid of every single unused item you own. It's perfectly fine to keep some special pieces, within reason. Be a little ruthless by setting some kind of limit while decluttering sentimental items. Does it really have as much meaning or usefulness as you think it does?

Ask yourself why you're saving it

As you dive through boxes and storage, ask yourself why you want to hold onto a particular item. Does it remind you of a special moment? Is it for your kids when they're adults? Is there a sense of obligation making you feel like you have to keep it? We all have different reactions to sentimental items, so be honest about the motivation behind wanting to keep them.

Take photos

Once you've narrowed down your limit of saved items, take photos of things you'd like to remember, but don't necessarily need to keep. Whether it's a kid's trophy or an old costume, this is a simple and meaningful way to preserve the memories associated with them.

Repurpose

Instead of storing sentimental items, find ways to use or repurpose them. For example, if you're downsizing for retirement, instead of buying new generic décor, display memorable pieces that are meaningful to you. Then you can enjoy and appreciate them every day.

Remember, all the effort that goes into downsizing and decluttering ends up giving you more space and freedom to enjoy. Don't be hard on yourself. It's a journey, and even small steps mean you're making progress.

Contact us at JJ Elek for more tips on downsizing your home.

June
23

Looking for the Right Real Estate Agent? Stay Local.

Having the right real estate agent by your side can make or break your home buying or selling experience. No one knows the local area and local market like a well-known and established local agent. They will serve as your guide and expert along the journey—and save you an enormous amount of time and stress.

3 Advantages of Hiring a Local Agent

  1. Knowledge of local area and community

    An experienced local agent knows the area inside and out—the best neighborhoods, school districts, attractions, amenities, and more. They're also more likely to be familiar with the average market price for both home selling and buying, and may even have insight on homes not yet listed on the market. Having an insider's tip can be beneficial once you've established your list of non-negotiables.
  2. A great network of other local experts

Local  agents are surrounded by a circle of local experts and influencers in real estate. At JJ Elek Realty, our team works with the most renowned local industry experts to make sure you have access to local home inspectors, contractors, interior designers, service providers, property managers, lending professionals, title and escrow companies, painters, gardeners, plumbers, electricians home warranty companies, and more to provide you with the best service possible.

  1. Availability

If you're buying a new home, a local real estate agent can meet you in-person to show you what's available and schedule the showings for you. If you're selling your home, your agent can stage your home based on the latest market trends and host open houses. Working with a real estate agent in person is much easier than attempting to communicate all the details by phone or email.

Partner with the Local Experts at JJ Elek Realty

Located in the heart of Middlesex County, JJ Elek is proud to call Woodbridge, NJ home. Our office is located in a convenient location right on Main Street. If you'd like to get started buying or selling today, feel free to contact our Woodbridge-based real estate agents—we'd love to help! Contact us today!

June
2

How to Find Your Dream Home in Today's Market

Finding your dream home is a big undertaking—one that can easily take months or years depending on what you're looking for. While the process can seem daunting at first, especially in today's competitive housing market, you can find the right home with the right planning. Rather than go it alone, we've broken down some of the steps for you here to get you started.

Make a list
Instead of haphazardly visiting open houses or browsing online, sit down and make a list of your needs and wants—which are two very different things. For instance, you may want a pool, but could technically live without it. You may need at least two bedrooms if you have children.

Be flexible
Understand that your needs and wants will probably change as you learn more about your housing options. Proximity to the city may start off as a priority, for example, but once you see the size of the homes available in your price range, you may decide a longer drive is bearable. Unless you have an unlimited budget, plan on making compromises along the way.

Know your finances
In New Jersey's hot housing market, getting your finances in order is a must. Determine your budget and how much wiggle room you have in order to keep your must-haves clearly in view.

Pick your preferred home style
Once you have the basics figured out, decide what features you want in a house. Do you want to live in a townhouse, condo or single-family house? How many stories and bedrooms do you want? Do you plan on spending time in an outdoor space? Knowing before you go can help narrow down your options.

Document your visits
When it's time to take your home tour, compare the features against the checklist you made. Do you need to re-evaluate any of your must-haves? Consider anything you may have left off of your list or anything you'd like to add.

Work with a JJ Elek Real Estate Agent

Once you know what you're looking for in a dream home, you'll be ready to find the right agent to partner with for your search. JJ Elek agents have years of experience in the NJ market and are ready to help you find exactly what you're looking for. Contact us today.

April
21

The Latest Info on Mortgage Rates

 

Mortgage rates have been on a general upward trend for over a year, and in the last few months, they've taken an even bigger jump higher.

 

As the economy recovered from the pandemic, low interest rates fueled increased spending. At the same time, supply chain issues created shortages for items like microchips, building supplies and certain food items. These factors combined to drive inflation higher as supplies failed to meet demand. According to the latest Consumer Price Index (CPI), 12-month inflation hit 8.5% in March, the highest it's been since 1981.

 

Adding to the inflationary pressures is Russia's invasion of Ukraine, which has disrupted some financial markets. This war could also add to global food shortages as agriculture, fuel and fertilizer shipments from these countries are limited or disrupted.

 

Sitting on the sidelines of all this is the COVID-19 pandemic, while case counts were declining to start 2022 that could change. If we see a resurgence of COVID it could add uncertainty to the global economy.

 

Is It A Good Time to Buy a House?

Even though mortgage rates are higher now than the previous year, on a historical level, rates still aren't as high as they used to be. For example, in 2002, the average rate on a 30-year fixed mortgage was about 7%. In addition, the rate on a 5-year adjustable-rate mortgage (ARM) is lower by 1.3 percentage points than a 30-year fixed mortgage rate. However, the historical average spread between these two rates is about 0.8 percentage points, making the 5-year ARM currently more attractive to borrowers.

 

Although the most popular form of home financing is the 30-year fixed-rate mortgage, adjustable-rate mortgages (ARMs) are also common. Thus, we may see a change in U.S. household mortgage trends. According to the Federal Reserve of New York, the ARM share has fluctuated substantially over time, reaching highs of 60 to 70 percent in 1994 but falling significantly in recent years. Nevertheless, buyers should be aware that the rate and consequently the monthly mortgage payment will change after the first 5 years, depending on economic conditions.

 

Experts caution against trying to time the market to secure the lowest mortgage rate, even though mortgage rates are important and a point or two can mean a lot over the life of the loan. Start the home-buying process when it's the next best step for your life circumstances and you have the finances to maintain homeownership. Shop around for a mortgage lender to get the best deal you can at that time–lenders' rates can vary significantly.

 

Schedule a Consultation with JJ Elek

If you'd like to get a better grasp on mortgage rates, the experts at JJ Elek Realty can help. Schedule a consultation with one of our experts today.

April
7

What's Hot and What's Not in Home Design

 

From dark hardwood flooring to home offices hidden away in closets, we're taking a look at what's hot and what's hot in-home design trends in 2022.

 

Not hot: The Cloffice

Early on in the pandemic, people started turning their closets into a home office. Coined the "cloffice," these makeshift offices served their purpose at a time when we all needed a quiet place to work. Homeowners are no longer looking for temporary workspaces, and if they are still working remotely, they're now looking for a more permanent, clearly defined home office (with windows!).

 

Hot: Light-colored flooring

After years of preferring dark hardwood flooring, we're seeing a resurgence in lighter wood plank flooring. One of the hottest trends is a color known as greige, a blend of gray and beige. It can offer a fresh look to bedrooms, living rooms and entryways. Darker colors can overpower a room at times. Lighter tones can make a room look brighter and larger, plus they camouflage dirt and dust much better than hardwood.

 

Hot: Wallpaper

Wallpaper has been rising in popularity in recent years, but it's made a full comeback for 2022—just not in ways you might expect. You can use wallpaper to create a statement wall, provide a colorful backing for cabinets or line your shelving. Another outside-the-box idea is to use wallpaper on a ceiling to add dimension and excitement to your room.

 

Hot: Murphy beds
Creative furniture solutions, such as Murphy beds are coming back in a big way. These items are functional, allow us to do more in a small area, and have greater flexibility when designing a space.

 

Not hot: Minimalism

An uncluttered, sparsely decorated home can feel sad with a lack of personality. As we spend more time at home, they're seeking more meaningful interiors and placing more personal accents on display.

 

Hot: Plants

If you've always wanted to turn your home into a plant paradise, now's the time to do it. Rather than going the faux plants route, which may have been convenient in the past, this year you should go for the real deal. After all, plants add a little joy to your surroundings.

When it comes down to it, trust your own personal style. The design elements that make you happy are the best ones to choose!

JJ Elek Realty -Trusted for over 50 years! Call Today 732-634-9100.

January
27

How to Compete in Real Estate with Hyperlocal Marketing

Are you a real estate agent looking for a secret weapon to compete with sites like Zillow? Hyperlocal marketing is your solution. Let's see what this strategy is and how you can implement it into your real estate marketing.

What is Hyperlocal Marketing?

Any marketing strategy that's laser focused on a specific area, region, zone, or demographic is hyperlocal. You can start incorporating any of the following into your hyperlocal marketing strategy:

  • Specific neighborhoods or zip codes
  • Geographic regions
  • Country clubs
  • Points of interest
  • School systems

Let's say you consider yourself an expert in a specific area like Middlesex County.  So, you focus your marketing efforts there and cast your net wide to try to reach everyone in that market. The problem? That strategy is not targeted enough to gain new leads. While you might have some success, Middlesex County can be broken down into many smaller sub-areas, with different types of neighborhoods, school systems, points of interest, and more.

Why wouldn't you develop a more specific, hyperlocal marketing campaign for several smaller zones within the Middlesex County region?

Benefits of a Hyperlocal Marketing Plan

Hyperlocal marketing offers many advantages over a traditional marketing strategy, including: 

  • Increased ROI
    Attract new leads without spending major marketing dollars. For instance, you could sponsor a local sports team to connect with families that live in that school district.

  • Word of mouth spreads fast
    People love supporting local businesses in their own communities. When you establish yourself as the go-to agent in your community, clients will be eager to share your contact information when their neighbor is buying or selling.

  • Scale easily

Working in smaller areas means connect with fewer people and spending less money on each area. The savings lets you test out different strategies and increase your budget and effort with the ones that work best.

 

If want to maximize your marketing budget and take your business to the next level, hyperlocal real estate marketing is for you. Leave traditional messaging behind, set up this effective new framework, and reel in more leads than ever before. JJ Elek Realty will help you with tips such as this and more! Contact us today to join our team.

 

December
6

Don't Waive These Contingencies When Buying a Home

While it's tempting to waive contingencies to make your offer more compelling, it can leave you unprotected from unexpected fees, health threats, and at worst, a bad investment.

Here are 5 of contingencies you should never remove:

  1. Home inspection

The home inspection is the foundation on which all other contingencies are built. During the assessment a neutral expert assesses the home for issues with:

  • Roofing
  • Plumbing
  • Electric
  • Structural

Everything may look good to your eyes, but you won't really know until the inspections are completed.

  1. Financing
    This is one of the most misunderstood contingencies in the homebuying process and also the most important for buyers to negotiate carefully. This clause asserts that your offer is dependent on being able to secure financing. If you remove it, you may not get your deposit back if you can't attain a loan
  2. Appraisal

Appraisals commit the buyer to pay the agreed-upon price regardless of how big a mortgage the lender agrees to bring. If you waive this and the home is appraised for a lower cost than the sales price, you'll be on the hook for the difference.

  1. Mold remediation

If the official home inspection reveals a potential mold issue, a mold specialist needs to be brought in to analyze the issue. Serious mold issues can cause mild to major health problems and can be surprisingly expensive to fix.

  1. Well water/Septic system inspection

This often gets overlooked or waived, but most experts warn against it when buying a home that has a septic system. This is water that you'll be drinking and bathing in, and like mold, issues with the system can be very expensive to fix and have health ramifications.

Contact JJ Elek Realty today at 732-634-9100 to help you through your home buying experience.

October
7

First-Time Homebuyer Guide

Buying a home can be challenging for a first timer. There are so many steps, tasks, and requirements to consider that can make you feel anxious.  To make it a little easier, we've compiled a list of things to consider throughout the process.

  1. Gather a down payment.

Your down payment plays an important role when you're buying a home. A down payment is a percentage of your home's purchase price that you pay up front when you close your home loan. But how much do you actually need? Ideally, 20 percent is best, but it can be as low as 10, 5 or 0 percent for certain type of mortgages, like VA loans.

  1. Check your credit score

In addition to having a down payment, a first-time homebuyer will need a decent credit score. This three-digit summary is a numerical of your credit score detailing how well you've paid off past debts, like credit cards and college loans. In turn, the lender will use this information to decide whether to lend you money and at what interest rate.

  1. Get preapproved for a mortgage.
    Meet with a loan officer so that you can show you have the finances to buy a home and the amount you can afford.
  2. Find a real estate agent.
    It's best to work with a buyer's agent who will help you find the right houses, explain all the nuances of homebuying, and negotiate a great real estate deal.
  3. Shop for a home.

This is the fun part! Go out and pick your favorite houses and set up appointments to see them in person. Make a list of must-haves, whether it's a new home or a fixer-upper, and then narrow down your options.

  1. Make an offer

The seller will think it's a great offer if you pay cash, you've preapproved for a mortgage, and you're not selling a house first to fund the purchase.

  1. Get a home inspection.

A top-to-bottom home inspection will find things like termites, mold, and foundation issues—all of which are typically fixable.

  1. Get a home appraisal
    Even if you've been preapproved, an independent, unbiased assessment of how much a property is worth is a must.
  2. Head to closing

Bringing together the buyer, seller, mortgage representative, title officer and others officially gets you the keys to your new home (once you've paid the down payment and closing costs, which are typically 2-7 percent of the home price).

  1. Move in!

Once all of the preceding steps have taken place…welcome home!

August
31

How the Delta Variant Could Affect the Housing Market

When the COVID-19 pandemic first struck the world, housing experts predicted that stay-at-home orders, closed businesses, and general uneasiness would result in a drop in home prices. Instead, we saw an unexpected hike in prices due to a significant lack of homes for sale.  Buyers became more competitive as sellers became more hesitant to sell.

 

When vaccines became available and a semblance of normalcy returned, we started to see home prices level out. But then the Delta variant hit. Experts have been debating how the new variant will impact the housing market, so what can we expect?

 

Declining Mortgage Rates

 

The housing market may get an even bigger blow caused by a drop in mortgage rates. Since the Delta variant emerged, investors have begun shifting their overseas money into mortgage bonds, which has dropped mortgage rates to as low as 2.37% in some areas. If the pandemic worsens, these rates will drop even lower.

 

While this may inspire would-be buyers to begin shopping again in larger numbers, the increased transmission of COVID, plus any newly introduced stay-at-home mandates, could decrease the amount of people willing to sell, which would result in a boost to home prices.

 

No Reason to Panic

 

It goes without saying that buyers would love for more homes to become available, and for those homes to not be priced over market value, but the Delta variant doesn't appear to be cooperating with that goal. This doesn't mean you should expect things to get worse. In fact, the market may end up showing little to no change. 

 

Vaccinated individuals may feel comfortable enough to continue home shopping as they have been, even with the rise of the new variant. And since no new stay-at-home orders have been issued, home prices will likely stay where they're at.

 

Looking to the Future

 

As it stands, the housing market hasn't changed drastically since the introduction of the Delta variant, but experts agree that more time is needed to determine its overall impact. Until then, it's important to stay informed and to contact a JJ Elk agent if you have any questions about buying or selling a home in the coming months.

June
18

Tips for Buyers in a Seller's Market

 

If you're trying to buy a house right now, you know the market isn't for the faint of heart. You can see a property you love one minute, and the next it's under contract. In this blog, we'll give you 5 tips for successfully navigating a seller's market in New Jersey.

 

  1. Understand what a seller's market is

 

A seller's market means that there's more demand for homes than there is supply. This is generally what we see in real estate markets today. It means buyers have a lot of competition when it comes to finding a home, and sellers have more leverage than the buyers.

 

In a seller's market, it's not uncommon for a house to go for more than the list price. In fact, properties are sometimes picked up by all-cash buyers. This is because they can close on the home faster than someone who needs to finance the purchase.

 

  1. Don't wait

 

If you're looking to buy in a popular neighborhood, the listings are likely to be few and far between. When they do hit the market, then they're unlikely to be on the market for long. If you know where you want to be, make sure you're house hunting as soon as possible and ready to act quickly whenever you see something you love.

 

  1. Have your proof of funds and pre-approval ready

 

In today's market, there are likely to be multiple offers on a house. Be ready to throw your hat in the ring and have supplemental paperwork on hand like your mortgage pre-approval and proof of funds for the down payment. This will make the process swift and help you edge out any competitors. 

 

  1. Remove any contingencies from your offer

 

Removing contingencies from your offer (inspections, mortgage commitments, etc.) can help make your offer more competitive. Sellers tend to see these contingencies as opportunities for a deal to fall through. If you make your offer clean, you'll make yourself a more attractive buyer.

 

  1. Start out strong

 

As noted above, houses are likely to go for more than the list price in a seller's market. With this in mind, start out with a strong sale price. Sellers are likely to be enticed with a big payout. If you're able, a cash offer is also a great way to give yourself the advantage.

 

Final thoughts

 

House hunting can feel incredibly overwhelming and discouraging right now, but don't give up! Just take the proper steps to prepare yourself, and you'll be in your dream home before you know it. JJ Elek Realty can help you today!

 

 

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