The real estate market in Roswell, Georgia is a competitive one, which makes it crucial to know how to make the best offers and ensure your bid remains at the top of the seller’s list of potential buyers. Through ample market and neighborhood research, finding a real estate agent you trust, and knowing what you want in a home, it’s easier to make your offer shine.
After being pre-qualified, you’ll have a written pre-qualification letter to give in tandem with any offers you may make on a house for sale in Roswell. Your pre-qualification letter is very important for non-cash offers, as most sellers won’t entertain such an offer without a pre-qualification letter. This is because the sale could fall through due to financial reasons, and the letter is proof that you can afford the home. If you are unable to get pre-qualified right away, the qualification process can assist you in finding out what you do need to provide. Maybe it’s increasing your credit score or offering a higher down payment on a home.
Special mortgage programs and keeping in contact
For first-time homebuyers or anyone who’s behind on their finances, there are special mortgage programs you can apply for. And if you do qualify for one of these programs, you can receive a government-backed home loan, a low down payment mortgage deal, or help from a program that specializes in closing cost assistance. By getting in touch with a mortgage professional, it’s easy to learn if you qualify for any of these helpful assistance programs. Hence why it’s so important to keep in contact with your loan officer and your realtor. Staying in touch with your loan officer also keeps open a line of constant communication for you to ask any other financial questions as they may come up during your homebuying process. This ensures you’ll be prepared and ready to competitively act on a home that you’re interested in.
Set your neighborhood boundaries and home criteria
What neighborhood do you want to live in? Are there any specific things you need or desire in a home? It’s important to comprise a list of areas you both prefer and are negotiable for your Roswell realtor to find you the best home available. It’s also crucial to do so with the features of your future home. Maybe you want to live in a specific school district but are willing to compromise on the exact location in the district area. Or perhaps you need a certain amount of bedrooms and are okay with getting a smaller garage in order to do so. This not only helps the realtor in their search, but it helps you narrow down your home choices in order for you to make a faster offer as well. Having a realtor that specializes in the types of homes and neighborhoods that you are interested in around the area is a huge advantage. If you are ready to begin your search, Julie Altenbach is one of those specializing realtors in the Roswell area.
Keep your eye on the prize when you make an offer
Homebuying is a tricky, stressful process. Other buyers may beat you to a home that could have been perfect, or maybe your first offer on a home you loved wasn't accepted. That’s okay; hiccups happen, and that’s where persistence and teamwork come in. Meet with your mortgage professional and your realtor to come up with a new game plan that will make your next offer stronger. You may also want to revisit your list of boundaries and criteria if you aren’t having any luck. But don’t get discouraged. It’s important to be patient and put in offers until you are able to purchase the home of your dreams. Being consistent and revisiting your boundaries and criteria will help you make stronger offers.