DO Be Prepared to Walk Away.
Sometimes the smartest move is to walk away. Not every deal will work out, and that’s okay. If you’re making too many compromises or offering more than you can comfortably afford in retirement, it’s better to step back. Other homes are out there, and the right one will come along. The home-search and buying process can be exhausting—emotionally, physically, and mentally. Even after you’ve invested time, energy, and heart, it’s okay to step back if a home doesn’t meet your needs or isn’t truly affordable. Don’t feel trapped—you have the rest of your life ahead, and the next chapter is full of possibilities. Buying a home you’re unsure about, don’t love, or can’t comfortably afford simply isn’t worth it.
DON'T Be Surprised by Multiple Offers.
Expect competition, especially in a seller’s market. Sellers often consider multiple offers simultaneously and will choose the one that’s best for them. So how do you make your offer stand out? • Be financially prepared: Include your lender's information so the seller can verify your financial strength, or have your lender contact the listing agent directly on your behalf. • Bid close to the asking price: Especially in a seller’s market, putting in an offer near the asking price can save time in the counteroffer process. • Review your contingencies: Consider what you might be willing to concede. Fewer stipulations make your offer more appealing. Ask your lender if shorter time periods
125
Powered by FlippingBook