The biggest challenge for buyers in a tough market is a shortage of homes for sale. You can
increase the odds of finding and buying your dream home in a competitive market by considering
the following things:
* Get pre-qualified for a mortgage. Your purchase offer will be much stronger with a
* Get yourself a good REALTOR®. Select one who will keep you posted on new listings and
who will guide you through the negotiating process.
* Determine which contingencies are most important to you and forget about the rest.
Offers with lots of contingencies are often rejected, so make your offer as clean as
* Move quickly. When you find the house you want, don’t play games. Start with your best
offer and be willing to offer a quick closing date.
Finally, remember that buyers who are flexible during contract negotiations have a definite
advantage over those who aren’t willing to budge.