top of page

Don’t Wait! Now Is the Time To Buy a Home

It is projected that federal interest rates will continue to rise, making home loans more expensive. This decreases your purchasing power and will limit your home options, so if you want to buy a new home, don’t wait. Now is the right time to buy a home. But the market is still competitive, so you will want the take the extra steps to strengthen your offer and get under contract.





  • Put in a strong offer at or above the listing price. Money talks. A bid must meet the sellers' expectations to be taken seriously in a competitive market.

  • Add an appraisal gap insurance clause in the contract. The listing agent will likely ask for this as many home estimates have been lower than market value due to slower winter season sales.

  • Do an inspection for health and safety items only. DO NOT SKIP A HOME INSPECTION, but limit it to health and safety issues that genuinely impact the value of your home, like radon gas detection, foundation issues, electrical hazards, and HVAC systems.

  • Be willing to accommodate the seller's needs. Ask the seller if they want a quick close or a rent-back agreement. This extra consideration goes a long way in the eyes of the seller.


By following these steps, you will set yourself apart from other buyers and have a greater chance to get under contract and move into that dream home.


Comments


THE REALTOR IS IN

HOW CAN WE HELP?

Thanks for submitting!

Denver Real Estate Professionals
1123 Auraria Parkway, STE 100
Denver, CO 80204
equal-housing-opportunity-logo-1200w.png

EQUAL HOUSING PARTNER

All real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise any preference, limitation or discrimination based on race, color, religion, sex, handicap, familial status, or national origin, or intent to make any such preferences, limitation, or discrimination.

office_R_white.png

REALTOR MEMBER

  • Facebook Denver Real Estate Pro
  • Instagram Shangela Sells Denver
  • LinkedIn Denver Real Estate Pro
  • YouTube Denver Real Estate Pro
bottom of page