June 28, 2023 by Premium Mortgage Corporation

Are you currently in the market for a new home? If so, you've probably noticed that competition for real estate is at an all-time high, with multiple offers over list price becoming increasingly common. Here at Premium Mortgage Corporation, we want to help you stand out from the crowd with some tips to help make your offer more attractive to sellers:.

  1. One of the most important factors in getting your offer accepted is working with an experienced real estate agent. A good agent can guide you through the process and give you an edge in the market.
  2. Be sure to also utilize an attorney that specializes in real estate. Having a legal expert on your side can help make the buying process smoother and put you in a better position to get the home you want.
  3. Keep in mind that price isn’t always the only thing that motivates sellers. You may be able to make your offer stand out by offering the seller more flexibility, such as letting them choose the closing date or offering post-closing possession.
  4. If you're confident in the condition of the property, you may consider waiving your right to an inspection. This can show the seller that you're serious and make your offer more appealing.
  5. Another way to make your offer stand out is to offer a large deposit. This can show the seller that you're committed to the deal and give them more peace of mind.
  6. If you're able to make a cash offer, this can also be a huge advantage in a competitive market.
  7. If you're getting a mortgage, choosing the right lender can also make a big difference. Many sellers prefer buyers who have already been pre-approved, especially if the lender is well-respected in the local market.

Here at Premium Mortgage Corporation, we've heard from many real estate agents that they prefer offers with a Premium Mortgage Corporation pre-approval letter over all others. And, if you're eligible, you may even be able to take advantage of our Cash Guarantee program, which allows you to make a cash offer with no mortgage or appraisal contingency.
Ready to take the first step towards buying your dream home? Contact your agent today and ask about Premium Mortgage Corporation, or simply click here to get pre-approved.