•Work with an exclusive buyer’s agent. This will assure you of being educated within the marketplace from an unbiased party. You will learn home values to help you to make a reasonable offer.
•Write an offer based upon what the home is worth, not based upon what the seller thinks it is worth. Spokane Home Buyers will help you do that. We do not sell homes—we help you buy them.
•Get pre-qualified for a loan. This gives you leverage when you go to the negotiating table. The seller needs to know that you have made application and already turned over all of the applicable documents including tax returns and bank statements.
•Have your home sold before you write an offer on another home. Exceptions to this would be if you can comfortably carry two mortgages if necessary and would be willing to remove the contingency on the sale of your home if required.
•Only use a bridge loan if you can confidently say to yourself that if your first home has still not sold within a year, you will still be glad you did it. Bridge loans are designed for the Realtor’s and seller’s benefit—not the purchasers.
•If you prefer, in exchange for a retainer fee (optional) Spokane Home Buyers will credit back a portion of their fee at closing. If you are 100% certain that you are purchasing a home in the coming months and make a commitment to work exclusively with Spokane Home Buyers, this could save you thousands at the closing table.