There are many ways to achieve a better position in the deal -
One Idea - Consider strengthening your position by telling the seller you are in the position to pay "cash" - but because you were taught responsible finance - and the interest rates are so low - fearing they will rise - you are "electing" to take advantage of the historically low rates and finance.
Putting emphasis on the fact that you are a "young" couple and REALLY like the home - great for your new family and expected children, schools and other things that will make you life
wonderful and can provide warm and fuzzy to the seller...
Sometimes going for the heart can be very effective -
All of this depends on the individual situation.
Get a professional negotiator that understands how to paint the picture!
Like my answer - select best answer!
Here are some things to think about:
A seller listing their home for sale in the wet winter/early spring months is committed to selling. They understand what they’re up against, and have decided to go for it in what is traditionally a stronger buyer’s market.
A buyer could join the “herd” of buyers who are active during the traditional “good weather” months – and this competition for properties can mean buyers pay more, lose out on good-value listings, and receive less attention from swamped real estate agents and mortgage help.
Buying a home in the wet winter/early spring months can tell you a lot about what to expect from a property. Visit a house during a hard rain and you’ll see for yourself. Drive by houses after a fresh snowfall and discover which are well insulated (snow on roof) and which are losing costly heat (no snow on roof). Tour a house on a very windy day and discover how drafty those old windows and doors can be. Or spend some time in a house on a cold day and study how well it heats up everywhere, or not.
Your timing right now is excellent. Ignore the stories. If buying a home is your priority, pursue it and have some fun. Leave the gritty details to your agent, and enjoy viewing the homes for sale. It really isn't that bad!
Customer Service Manager / Broker
Stellar Realty Northwest
OR: (503) 427-9233 x 108 | Fax: (503) 200-2287
5530 SW Kelly Avenue, Portland, OR 97239
firstname.lastname@example.org | http://www.PortlandHousingSearch.com
Best advice I can give is to make sure you have your loan approval in place so that you can put a strong, solid offer together when you find the right home. Also you're going to want to work with a Realtor that will fully understand what you are looking for, who has the ability to screen through and weed out the possible matches that might not be a good fit up front so that they are only telling you that you need to jump quickly when the perfect home comes up. I've had some instances where we've even written offers sight unseen, subject to interior inspection, to make sure we got the first foot in the door with an offer when we knew it was the right house! You've also got to then make your offer competitive - low ball offers will not even be considered in a multiple offer situation.
Unless you are writing an offer on a bank owned home or short sale, you will be able to utilize electronic signatures - these can be done in a matter of seconds in front of any computer where you can log onto your email, so this is no longer the time consuming appointment it once was.
All in all - this is a great time to buy a home. You will have some competition in the price range you'll be looking in so being prepared upfront is going to be a key factor. Working with a great Realtor is also a big key.
Congratulations on your decision to buy your first home - it will definitely be worth it in the end! If you need any help - just yell. My team would love to be a resource for you.
Kelly Gebler, Principal Broker
Cornerstone Group NW at Keller Williams Realty - PDX Central
If you and your agent do your homework proactively, it will make it more comfortable for you to make a quick decision once you find the right house. As for weekend searches, that's not at all unusual and, if you find an agent who is technologically savvy, you can even do a great deal of the paperwork online using e-signatures.
Find a good, local agent, do your homework up front, and then do what your agent suggests. It may be a but frustrating but it will be worth it in the end.