Top 4 things buyers can do to get an edge in a sellers market

 

Pre-approval isn’t going to cut it 

Go through full mortgage underwriting before shopping. Being pre-approved is no longer enough in this aggressive market. Sellers looking at multiple offers will pick the surest thing. Go well beyond a pre-approval letter. “If you need a mortgage, make sure you’ve gone through full underwriting,” he says. “Then, all that’s left is for the appraisal to come in.”

 

Consider the “Timing”

The seller has a specific deadline in mind for the sale of their home. The longer the home stays on the market, the more money flies out of their pocket. Be strategic by focusing on a closing date that benefits the seller the best. You might have a…

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