The New Rules of Homebuying Today: 5 Secrets To Succeed in a Red-Hot Market
Posted by The Cobb Group on
5 New Rules to Go By!
1. Old rule: Find your dream home, then finalize your mortgage paperwork
New rule: Lock in a mortgage before you start your search
2. Old rule: Shop for homes you can afford
New rule: Shop for homes priced below what you can afford
3. Old rule: Tour a property, then take a day or two to decide whether to make an offer
New rule: If you love a property, act fast
4. Old rule: Offer below asking price and wait for the seller to counter your bid
New rule: Put your big number out there from the start
5. Old rule: Expect to buy a home after submitting one or two offers
New rule: It will probably take multiple tries before you succeed
Here’s an understatement for you: Buying a home today is not the same…
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