When in a time crunch, what are some tips to make sure you get the home you want?

Asked by Trulia San Diego, San Diego, CA Thu Mar 28, 2013

Help the community by answering this question:

+ web reference
Web reference:


Cory La Scala’s answer
Cory La Scala, Agent, San Diego, CA
Thu Mar 28, 2013
1. Look at homes directly from the MLS, from an agent (there are too many homes online that have already sold)
2. Ask your agent about each home and/or it's condition; it may not work with your loan
3. Know your needs and wants, and decide ahead of time where you'll compromise and where you won't
4. Be fully pre-approved with a lender, not just pre-qualified. This is super important.
5. Use a lender that can close in 30 days or less, even for FHA and VA loans. Many can and do.
6. Keep your loan documents updated, whether hard copies to fax, or in a folder in your computer.
When you're ready to submit offers, you'll be ready to jump on the homes you want.
7. Have your agent call the agent before seeing properties so you don't waste time. Sometimes they've just gone into escrow, but the MLS still says Active.
7. Have your agent establish a relationship with the listing agent before you see the home
8. Don't try to get a deal with a low offer; go by the comps. It's a seller's market, and homes are getting multiple offers.
9. Don't ask for anything you don't absolutely need. Sellers want to see clean offers, and you'll likely be competing with some cash offers.
10 Use an agent that uses digital signatures, although many lenders want to see wet signatures. Many agents use tablets computers that you can sign a real signature on directly.
11. Include your pre-approval letter and bank statements (closing funds verification) with your offer; sellers want those questions answered up front before they take their homes off the market.
12. Have your agent create a personal cover letter, along with the highlights of your offer.
*** Get ready to repeat - it's a tough market for buyers at the moment. But, hang in there!
0 votes
Chad Basinger, Agent, San Diego, CA
Wed Apr 3, 2013

Talk, yes actually TALK, to the listing agent. Too many people are just texting and emailing. This may work at times, but it is not overly personal, meanings can be misinterpreted, and you have a tough time convincing the agent why they should work with you. Find out exactly what will make the sellers happy and do your very best to make your offer as close to that as possible. Also, if you don't communicate with the agent, all your efforts may be for naught if they are in the midst of accepting another offer.

It goes without saying (but I'll say it anyway), keep your offer clean. Ask for as little as possible, while still protecting your buyer/client and looking out for their best interests. Always view your offer from the eyes of the seller. Show them that you are easy to work with, yet mean business and will get the deal done in the shortest amount of time and with the least hassle. As for paying cash, reducing contingency periods, perhaps even removing some contingencies, these can help you get the home you want.

There are many more things to be done, but it's time to actually help one of my clients get the home they want.


Chad Basinger, REALTOR®, CPA, CFP®
Web Reference:  http://www.chadbasinger.com
0 votes
Alessandra S…, Agent, Coronado, CA
Sat Mar 30, 2013
Home Buyer,
I agree with Cindy Davis, be prepared to bid over asking to ensure your a competitive offer. Your agent and lender have a significant impact on the process as well. Calling the sellers agent can really encourage them to act quickly especially went you personalize the offer with follow up and a great cover letter. Like Thierry Abel said there are lenders that have monetary incentives for sellers and buyers to close on time. With good communication I was able to close on a home 8 days earlier then the contract date! Good luck!
0 votes
, ,
Fri Mar 29, 2013
In order to ease my borrowers' frustration of making multiple offers and not getting them accepted, my company has recently rolled out a solution that has been providing great resultst...We call it "Keys on Time Guarantee".
This program guarantees to close the transaction on time, or the borrower gets $795 refunded to them. (we have never had to pay that money out so far)! We are the 27th largest non-depository Mortgage Bank in the United States, so we are closing our fair share of transactions.

We are closing these loans so quickly that we feel confident that we can help buyers write a contract that will stand out from the others; from reduced escrow days to the one of a kind "Keys on Time" Certificate that we provide to submit with the offer, and stand out from the crowd of offers.

Contact me if you want to learn more?

0 votes
Cindy Davis, Agent, San Diego, CA
Fri Mar 29, 2013
Be prepared to bid over the asking price. Homes are routinely selling 10% over list price. Winning offers today involve offering 20% or more as a down payment and being flexible as to the seller's terms.

It is a strong seller's market in San Diego with homes getting as many as 30 offers...It requires a flexible approaching to bidding for homes.
0 votes
Chris Francis, Agent, Murrieta, CA
Thu Mar 28, 2013
Review homes online.
Weed out homes that don't meet your wants or needs.
Weed out homes that won't qualify for financing ie. homes that need extensive repairs that VA or FHA won't approve.
On the flipside, if you're an investor, hone in on the fixers that may bring bargain prices and delete the rest.
By spending a few minutes online refining your list, this can save you days of running around.
0 votes
John Juarez, Agent, Fremont, CA
Thu Mar 28, 2013
Docusign electronic signatures save tons of time for me.
0 votes
Search Advice
Ask our community a question

Email me when…

Learn more