Tips for Submitting a Strong Offer in a Seller’s Market
                     Tips for Submitting a Strong Offer in a Seller’s Market
https://www.magnolia-realty.com/gaithersburg-homes-realtor
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The market is heating up and homes are selling quickly, which can 
make it tough for buyers to find what they want. In May the 
Gaithersburg area had about 1.5 months of supply, with homes going 
from listed to pending as soon as they hit the market.
So, what does this mean for you as a buyer? Right now, it means 
that you must offer a strong price when you find the home you want. 
Below you will find a few tips for submitting a strong offer.
Be first:
Being the first to submit an offer can give you an edge, but to get it 
right the first time, be prepared. Have your lender prepare your 
approval letter for the exact amount of your offer and check credit 
score, assets, bank balances, salaries and expenses before 
submitting the offer. Communicate with your Gaithersburg Realtor 
throughout this process so that you’re available to sign all necessary 
documents as soon as possible. Also, strategically submitting an 
early offer could discourage other interested parties from submitting 
offers. This doesn’t mean you’ll definitely get the home, but it puts 
you in a strong position.
Make a competitive offer:
When making an offer on a property, make a competitive offer based 
on comparable sales in the area. Don’t lowball. It won’t do you any 
favors. Automated estimates from popular websites often do not 
reflect the market value of a particular property. Work with your 
Germantown MD Realtor to find the absolute best comparables for 
the particular home you’re looking for.
Make a big down payment:
A seller might be more likely to accept an offer with a larger down 
payment, especially if it’s 20 percent or higher. For example, a large 
down payment can help mitigate any problems that arise during the 
approval process for the loan. Also, it simply indicates that the buyer 
has more money on hand and is therefore in a stronger financial 
position.
Browse our website to search the multiple listing database and view 
all homes for sale in the area. Find homes that interest you and then 
contact us to schedule a showing
Contact  us:
Magnol ia Realty Home Buyer  Rebates
A ddress:
17604 Park ridge Dr, G aithersburg,  M 
aryland  P h o ne: 301 - 775 - 0175
Co u ntry: U S A
E m ail - ay a@ magnolia- realty.com
Web - h ttps:// www.magnolia - realty.com/
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