January 2019

Bidding wars are common in hot sellers markets. When home inventory is low and prices are high, buyers often compete with one another to get the most desirable houses. Knowing how to win a bidding war is important in these markets. These tips can help serious buyers to stand out from other competitive home buyers.

Get Pre-Approved for a Mortgage

Pre-approved offers are far more attractive than offers from pre-qualified buyers. This is because a pre-approved offer is closer to a sure thing than an offer from a pre-qualified buyer. Home buyers can stand out from other buyers by getting pre-approved at the beginning of the search for a home. While the pre-approval process does take more time, a pre-approval can help buyers win a bidding war with

Homeowners can save money on improvement projects by doing some or all of the work themselves. Unfortunately, not all homeowners are able to safely take on complex projects. Knowing when you're able to make home improvements and when it's time to hire a professional can help you take care of your new home.

Consider Level Of Experience

When it comes to level of DIY experience, homeowners span a range. Some homeowners are able to work confidently with their hands, others have little or no experience. People who buy new homes having already fixed appliances and worked on construction projects have a significant advantage when it comes to completing home improvement projects.

For the inexperienced homeowner, it's important to take on do it