BUYING POWER CHECKLIST

Don't want to lost out to other buyers on your dream home? Here's how to guarantee yourself a better chance!

When looking at the below list, you need to think about how strong of a buyer you really are. Unfortunately when inventory levels are low, buyers will sometimes go to extreme measures to make sure their offer gets accepted. Most sellers are not just interested in price, they are also looking at who will meet their "terms" and are most likely going to make it to the closing table quick and smooth. The more items you check off, the greater the buyer power you have and the greater the buyer power you have, the higher chance the seller will accept your offer.

Offer over asking price

Provide a larger, non-refundable earnest money deposit

Provide proof of funds (down payment and EMD)

Offer a free, extended occupancy post closing

Waive appraisal

As-Is Home Inspection, with the right to terminate

Pay over appraised value (5-10%)

Assume HOA/Community compliance letters

Financing addendum - zero costs to seller

No contingencies

Provide a full lender approval, versus pre-approval

Provide more money than required down for your laon

Conduct a walk-and-talk with inspector during prior to submitting offer

Remove seller concessions

Shorten any timelines

Pay seller's transfer and recordation fees

Use the sellers preferred title company