According to Katherine Manush of RealtySouth, the real estate market is hot right now!
A year of spending increased hours at home has both homeowners and apartment dwellers searching for more accommodating space.
“Because the market is so hot right now, buyers are almost guaranteed to be competing with other offers,” Manush said.
That means you’re going to need some expert help to secure the best home for you and your family. With 29 years of experience, Manush is more than up for the challenge.
“Several years ago I was able to get a house under contract and closed days before the bank foreclosed on it,” so battling a low inventory market to find the perfect home for her clients is well within her realm of capabilities.
But there are three things Manush advises buyers to do in order to be more competitive.
1. Get Pre-Approved
“Getting pre-approved with a good lender is absolutely essential!” Manush said. “Sellers want to know that the offer they chose is a solid offer, financially.”
2. Sell First
“Sellers are unlikely to consider offers that are contingent on the sale of a current home. I know a lot of buyers are concerned with finding their next home before they sell, but that can put them at a serious disadvantage if they’re competing with other offers.”
3. Consider All of Your Options
“If you can’t sell first, consider ways to buy without selling. There are so many options that there is no one right way to do things. That’s where I can help, too! I can help buyers (who may become sellers!) look at all of their options so they can decide on what’s best for them.”
