
You've found THE right home and you're ready to make an offer. Can your agent get it accepted? If yours is the only offer on the table, that shouldn't be hard. But in this market, you're more than likely to face competition from other buyers, and sellers know it. In order to make your offer more appealing, you should know that sellers take into account more than just price when choosing an offer. Speed of closing, number of inspections, and contingencies are also big factors.
Having your financing already lined up is prerequisite for making an offer, but not all preapprovals hold the same weight. Conventional loans are usually favored over government loans because they can close quicker and with less hassle. Likewise, the lender you choose can have a big impact on the whole sales process. A smart seller's agent...