Besides learning and reading up on everything you can on earnest money, mortgage rates, closing costs and making inteligent offers on short sales or foreclosures. I've put together some tips that will prepare the already overwhelmed buyer.
- The most important tip is do not listen to the media. The South Florida real estate market is not all doom and gloom. Properties are selling everyday in Broward County. And with the right effort, you can find your deal too. When a plane crashes, we hear about all the devastation. What we don't hear is the tens of thousands of flights that make it to their destination every day. Because that's boring. That's what the news does. It only tells the bad and the ugly. A trait of smart investors is they really don't brag to many about what a great time it is to buy.
- Their strategy is, the less buyers out there, the more inventory to choose.
- Don't quit if your loan application is rejected. Try another lender. I see this every other week. One bank will turn someone down for whatever reasons, the borrowers go down the street and another institution approves them. Wah~la!
- When writing offers, I tell all my buyers, don't lowball. It puts you in a tough position. Most sellers get insulted and then do not respond at all. If you really want the property, offer with integrity. If it's a foreclosure, the bank has already done it's homework and priced the property below the market value. An offer lower than the list price usually ends up in the trash without a courtesy phonecall.
- Get the names and phone numbers of good home inspectors. Ask family and friends you trust who they have used for home inspections in the past and would they use them again. You don't want to be scrambling at the last minute in the yellow pages for this information unless you have to. Some sellers might only give 3 days to get inspections done.
Terri Poehler -Broward County, FL Real Estate Expert – Making it Happen for Home Buyers & Sellers!
Interested in buying a home in Broward, FL? In our inventory, we have a variety of Broward County propertiesto choose from to fit your individual lifestyle, budget and needs.
Broward County Homes For Sale
I personally live in Coral Springs and consider myself a Broward County real estate expert. Allow me to assist you with the purchase of your new home. Thinking of selling your Broward County, FL home? Interested in finding out the current market value of your single-family home, condo or investment property? Give me call today to discuss what is happening in the Broward County real estate market and how I can best serve your real estate needs. I would be happy to give you a personalized comparative market analysis (CMA) and answer all of your questions.
Let's talk!
Terri PoehlerRE/MAX Professionals Real Estate
954-294-3937
Terripoehler@ReMax.net
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