Maryland Home Buyers are Competing for Houses

By
Real Estate Agent with Buyer's Edge Company Inc

Housing Inventory is low in Maryland and Washington D.C.

 

In this housing market, buyers should get out to see a home as soon as it comes on the market. If you're waiting until the Open House, you will likely be in a multiple contract situation. Buyers who ask for Sellers for closing cost help may have their offer tossed aside. 

Buyers-Know the Facts Before Searching for a Home 

 

 

Be pre-approved by a local lender - local is important. This means your lender will know the rules of the Greater Washington D.C. area. When lenders are not local, it can cause serious delays and/or problems securing the loan. This actually happened to us recently and a deal almost fell apart. 

 

Be prepared to see houses of interest during the week- sometimes being the first buyer with an acceptable offer means success. This has worked with us in the past so it's important to see houses as soon as they come on the market.

Choose an excellent Realtor - who will help you shape your home search. Typically, the search starts big, covering a large area, then slowing narrows in on the right community and house.

Be patient - there's a chance your first offer may not be accepted. It's happening all over the D.C., Maryland and Virginia area. Stay focused on your goal and keep persevering. You will eventually find your home.

 

 

 

 

 

 

Posted by


4849 Rugby Avenue Bethesda Maryland 20814 office 301.657.1475 cell 301.922.1677

 

Victoria Henderson is Vice President & Associate Broker with Buyer's Edge, Exclusive Buyer Agent & Realtor in Virginia, Maryland and Washington DC. Victoria is a certified Military Relocation Professional 

 

 

Marshall Henderson is a Certified Negotiation Expert & Exclusive Buyer Agent with Buyer's Edge & Realtor in Virginia, Maryland and Washington DC

Certified Negotiation Expert

 

Members of National Association of Exclusive Buyer Agents

Not Just a Buyer's Agent, an Exclusive Buyer's Agent. There's a Difference. Learn more at: 

 HomesBuyHendersons.com & BuyersAgent.com

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Victoria Ray Henderson

Real Estate for Home Buyers with Buyer's Edge
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