WHEN DOES A HOME BUYER KNOW WHEN TO MAKE AN OFFER?
One of the first questions home buyers ask their Realtor is "How do I know when I should make an offer on a home?". The simple answer is "you'll know" when to make an offer because the home you are considering will "feel like home" to you in many cases.
An important item to mention to home buyers is you should allign yourself with a competent Realtor who acts as your buyer agent. Speak with a Realtor who is able to describe the differences between a "sellers agent" and a "buyers agent". A Realtor who acts as an advocate for you will prove to be a rich resource that will help guide you through the decision making process.
As you begin "house hunting", you should be certain to speak with a reputable lender and begin the pre-approval process for mortgage financing purposes. Once an offer is made, a seller will expect to see a signed letter from the lender stating that you are financially prepared to purchase the home you make an offer on.
There are more helpful tips to follow in this video clip as you find your way to your new home.