Real Estate Buyer Tips
San Francisco Real Estate Buyers Tips
Increase your chances of getting your Bay Area dream house instead of losing it to another buyer, with these easy steps from Paige Martin, Martha Turner Properties.
  1. Get pre-qualified for a mortgage with a San Francisco area mortgage broker. By securing mortgage pre-qualification, you'll be able to make a firm commitment to buy and make your offer more desirable to the seller.
  2. Stay in close touch with your real estate agent to find out first about new listings that come on the market. And be ready to go see a house as soon as it goes on the market.
  3. Scout out new listings yourself. Look at Internet sites, newspaper ads, and drive by local neighborhoods frequently. Maybe you'll see a brand-new 'for sale' sign before anyone else.
  4. Be ready to make a decision. Spend lots of time in advance deciding what you must have so you won't be unsure when you have the chance to make an offer.
  5. Bid competitively. You may not want to start out offering the absolutely highest price you can afford, but don't try to go to low and get a deal. In a tight market, you'll lose out.
  6. Keep contingencies to a minimum. Restrictions such as needing to sell your home before you move or wanting to delay the closing until a certain date can make your offer unappealing. In a tight market, you'll probably be able to sell you house rapidly. Or talk to your lender about getting a bridge loan to cover both mortgages for a short period.
  7. Don't get caught in a buying frenzy. Just because there's competition doesn't mean you should just buy anything. And even though you want to make your offer attractive, don't neglect inspections that help ensure that your house is sound.


1
 
Chapters
Buying Your New Home Thanks to a sound economy, ...
Building Your Custom Dream Home Now that you are ...
Metropolitan Living Across the Bay East Bay is the ...
Learning From Kindergarten to College California’s public education system ...
Your Guide to Financing and Mortgage Although a newcomer ...
Quality Health Services for Bay Area Residents The San ...
Protecting Your Family and Property in San Francisco Once ...
Trailing Spouses—Job Hunting in the Bay Area Many San ...
RURAL PLEASURES NEAR THE URBAN CENTER The North Bay ...
A DIVERSE COMMUNITY IN THE BAY AREA The Peninsula ...
Planning and Managing Your Move It’s been a hectic ...
Staying Organized Before The Move You’ve just received exciting ...
Alternatives to Buying a Home As a newcomer to ...
San Francisco In Depth Officially named the City and ...
An Unmatched Quality of Life San Francisco is one ...
The Technology Capital of the West Coast South Bay ...
Ease of Living With A View If you ask ...