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The answer is simple: have your finances in order! In a hot real estate market, you have to bring a strong offer to the table when you are ready to buy. When a seller accepts an offer, they are trusting you in good faith that you have the means to complete the sale, and having your financial evidence lined up will make any seller feel more confident about the deal.
- When you put an offer on a house and the seller accepts, you are entering into an agreement with them that they are removing their property from the market as an active listing during the contingency period.
This takes them out of the market for other potential home buyers, so sellers only want to accept serious offers from buyers who can see the sale through.
One way to guarantee that your offer is considered a stronger one is to have your financial evidence already lined up. Having proof of funds to show the seller makes your offer more competitive, especially in a market where there may be a bidding war to purchase certain homes.
**Want to learn more about Home Financing? Click below to get started –
