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Essay On Three Great Ways To Make A Killer Offer On Your New Home

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3 Great Ways to Make a Killer Offer on Your New Home

With the housing market booming after the recent recession, no one could blame you for thinking you may have missed out on your golden opportunity to buy a new home for your family. For most realtors, this has become a relatively common question as the average home buyer has no real idea of just how competitive the housing market has become, at least not until they start making offers only to be outbid by another interested buyer over and over again.
Bidding Wars Happen
Now that the housing market has begun to flourish again in most areas of the country, it has become all too common for bidding wars to happen. The more a home is priced to sell, the more buyers are likely to be lined …show more content…

The same thing applies to you when you are interested in buying a new home.
According to a report from Redfin, one of the nation's leading real estate services, one of the hottest ways home buyers are using to stand out from the crowd, is through the use of a cover letter. IN fact, according to the latest statistics, approximately 43% of all bidding wars are won by buyers who submitted cover letters such as this one.
Note how the person writing brought the family who is interested in the home to life. Instead of them being just "another" bidder, he let the seller get a feel for who they really are and how much they fell in love with the home.
Often this type of letter will help the seller to see how much the buyer wants to raise his family in the same home the seller enjoyed raising their own. Note how he used joint interests to help bring a sense of closeness and shared interested into the deal.
This type of letter could be all it takes to sway the seller and close the deal, but there are times when you will need to go even further.
Have Your Financing Ready
When it comes to buying a new home cash is always going to be king. But since most first-time homebuyers have to finance their purchase, you must be ready to prove you have access to the necessary funds.

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