3 Tips to Land Your Dream Home in a Hot Market

Everyone would love to secure a dream home. But what happens if you're facing a hot market? A hot market is great for sellers, but it creates fierce competition for buyers that leads to bidding wars. Many people vying for one property can make securing your dream home very difficult.

Here are three strategies that you can implement to dominate a hot market and get the home of your dreams. 

1. Pay Seller's Closing Costs

If you're competing in a hot market, then consider paying the seller's closing costs. Closing costs are generally paid based on the terms of the purchase contract. While buyers usually pay for most of the closing costs, there are instances when sellers may have fees too.

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3 Tips for Bidding on a Home

While you might be anxious to get into a new home ASAP, approaching the home-buying process with a strategic plan can help to ensure that you and your family get the best deal possible on your new home.

Like all major purchases, it is always a smart idea to invest in research first since you'll be making a long-term commitment to the home you choose. By doing so, you can help ensure that your most important needs get met.

Bidding on a home can be a scary and stressful process, but with these three tips, you will be able to bid on homes with confidence.

Start Bidding Low

Tip number one for bidding on a home is to start with low bids. 

People decide how high they should bid when buying a house by comparing the…

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Don't Let Cash Homebuyers Beat You Out on a Home

It's important to know how to compete with cash buyers when buying your first home. Undoubtedly, buying a house is an exciting time in life, but it doesn't come without pitfalls. One of the most significant challenges first-time homebuyers face is competing with cash buyers in the thriving real estate market. 

Luckily, there are ways around this issue! Let's look at how to compete with cash buyers and get your new home without all the stress and hassle. 

Waive or Shorten Contingencies

A contingency is a condition both parties must meet before the contract becomes legally binding. When buying your first house, you may want to consider waiving or shortening some contingencies rather than agreeing…

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How to Win a Home Bidding War Using these 4 Strategies

Buying a home is certainly a rewarding experience. However, securing a home isn't always easy. Between finding the perfect home within your budget and getting financed, the process can be overwhelming for many prospective buyers. 

Even more, buyers often find themselves in a bidding war. This can make landing your dream home feel next to impossible.

The good news is that overcoming a bidding war can be done using the right tactics. Today we're going to provide four tips you should take to land the home of your dreams, even when you're competing with other buyers. 

1. Pre-Approval Letter

A pre-approval letter is a document from a lender stating that it is willing to lend you a certain…

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