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Pre-qualification Advantage: Enhance your offer's appeal by getting prequalified for a mortgage, demonstrating a firm commitment to the purchase.
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Proactive Communication: Stay closely connected with your real estate sales associate to receive prompt updates on new listings. Be prepared to visit a property as soon as it hits the market.
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Decision Readiness: Invest time upfront in defining your non-negotiables to confidently make decisions when the opportunity arises.
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Competitive Bidding: While avoiding extremes, bid competitively to increase your chances in a tight market. Starting with the highest affordable price is strategic, preventing missed opportunities.
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Minimal Contingencies: Keep contingencies to a minimum; avoid restrictions like selling your current home before moving. Consider options such as a bridge loan to cover both mortgages temporarily.
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Strategic Decision-Making: Resist succumbing to a buying frenzy. Even in a competitive market, make informed decisions and prioritize inspections to ensure the property's soundness.
