Spring has sprung and the market is already on FIRE! We are seeing multiple offers on pretty much any home that is under $300,000 in all of our cities in the Rogue Valley. If you are a BUYER then here are some things you will want to do in order to be prepared: 1. Have a pre-approval/ qualification letter in hand. 2. Make sure you have your earnest money ready so when you find a home you can give proof of these funds. 3. Know the market and get tied into a website that posts homes as soon as they are listed.
Be prepared that if you find a home and multiple offers come in then you will have to adjust your offer in order to compete. Make sure that your Realtor presents your offer. A lot of times a personal touch from a Realtor giving the SELLER a little background about you (the BUYER) might pull at some heart strings. If a SELLER has information about who might be buying their home then that might weigh in versus looking at an offer on paper.
Best advice that I can give is make a quick informed decision if you like the home and it plays into your budget and loan. Don't make a knee-jerk reaction and settle though. There will always be more homes hitting the market if this one happens to get away.