How to Handle a Multiple Offer Situation as a Home Buyer

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If you’re a home buyer in the Flathead Valley, you might find yourself in a multiple offer situation. Homes in the $300,000 and under range move quickly. It’s the most popular price range in our area. Buyers are outnumbering the amount of properties available. However, there are a few ways to make yourself stand out as a potential buyer.

Be a cash buyer or pre-qualified for a loan. Sellers want to know from the start you can successfully finance a home. Often, deals don’t work out because of financing. Bring a pre-qualification letter if you plan on getting a loan.

Minimize contingencies if possible. Make sure your dates and circumstances are reasonable to the sellers. If not, it could break the deal entirely.

Ensure the property is the home you want. Before you expend the energy, think about how committed you are to this home. It should be the one you want! Put your best foot forward and make the best offer you can. If it’s meant to be, it will be.

If you’re thinking about buying a home this year, send me an email or give me a call. Let’s talk about it!