4 Tips for Making an Offer on a Waldorf MD Home for Sale in Real Estate
So you’ve been searching for that perfect house to call ‘home’ and you’ve finally found it! The price is right and, in such a competitive market, you want to make sure you make a good offer so that you can guarantee that your dream of making this house yours comes true!
Freddie Mac covered “4 Tips for Making an Offer” in their latest Executive Perspective. Here are the 4 tips they covered along with some additional information for your consideration:
1.Understand How Much Waldorf MD House You Can Afford
“While it’s not nearly as fun as house hunting, fully understanding your finances is critical in making an offer.”
This ‘tip’ or ‘step’ really should take place before you start your home search process.
Getting pre-approved is one of many steps that will show home sellers that you are serious about buying, and will allow you to make your offer with the confidence of knowing that you have already been approved for a mortgage for that amount. You will also need to know if you are prepared to make any repairs that may need to be made to the house (ex: new roof, new furnace).
2.Act Fast before another Waldorf MD Buyer puts in an offer
“Even though there are fewer investors, the inventory of homes for sale is also low and competition for housing continues to heat up in many parts of the country.”
The inventory of homes listed for sale has remained well below the 6-month supply that is needed for a ‘normal’ market. Buyer demand has continued to outpace the supply of homes for sale, causing buyers to compete with each other for their dream home.
Make sure that as soon as you decide that you want to make an offer, you work with your agent to present it as soon as possible.
3.Make a Solid Offer to Purchase your Maryland Home
Freddie Mac offers this advice to help make your offer the strongest it can be:
“Your strongest offer will be comparable with other sales and listings in the neighborhood. A licensed real estate agent active in the neighborhoods you are considering will be instrumental in helping you put in a solid offer based on their experience and other key considerations such as recent sales of similar homes, the condition of the house and what you can afford.”
Talk with your agent to find out if there are any ways that you can make your offer stand out in this competitive market!
4.Be Prepared to Negotiate The prices and Closing cost of your Charles County Home
“It’s likely that you’ll get at least one counteroffer from the sellers so be prepared. The two things most likely to be negotiated are the selling price and closing date. Given that, you’ll be glad you did your homework first to understand how much you can afford.
Your agent will also be key in the negotiation process, giving you guidance on the counteroffer and making sure that the agreed-to contract terms are met.”
If your offer is approved, Freddie Mac urges you to “always get an independent home inspection, so you know the true condition of the home.” If the inspection uncovers undisclosed problems or issues, you can discuss any repairs that may need to be made with the seller, or cancel the contract.
Whether buying your first Waldorf MD home or your fifth, hiring and having a local real estate professional who is an expert like Author: Skip Young in their market on your side is your best bet to make sure the process goes smoothly. Let’s talk about how we can make your dreams of homeownership a reality!
Find out your Homes Value in Southern Maryland today by filling and submitting the form.
If you are looking to Buy a Home in Southern Maryland, hire a Southern Maryland Realtor to help you find the Home you are looking for. In either Charles County, St. Mary’s County, Prince Georges County, Calvert County or Anne Arundel County, Finding and Hiring a local Realtor will help you find the right home for the right price. If its New Construction you need, your local Maryland Realtor can help you find the right Community or even find the right On Your Lot with Caruso Homes to build your Luxury Dream Home.
Need to know the value of your Waldorf MD?
Please leave a message below and I will return your homes valuation, time to sell on the market and any other information on your neighborhood statistics.
Sorry we are experiencing system issues. Please try again.
Skip Young Realtor
is rated 5 stars on Google based on 3 reviews
04/10/2018 – williamrichmondinc
Sold a Single Family home in 2010 in Mechanicsville, MD.
- Local knowledge:
- Process expertise:
- Negotiation skills:
I tried unsuccessfully for four years to sell my home in Mechanicsville. Two different real estate companies declined to renew my listing. Thank goodness for Skip Young. He never gave up and never made any excuses – and this was at a time when the real estate market was at it’s absolute worst. We had some offers that fell through at the last minute. Skip never wavered. His attitude was always positive. Thanks to Skip’s tenacity and professionalism my house sold and I got the fresh start I needed. Thank you Skip.
10665 Stanhaven Place Suite 300
White Plains, MD 20695
Mon-Sat 8am – 6pm
Skip Young | Caruso Homes | On Your Lot Division
Maryland Homes For Sale
Homes for Sale Indian Head MD 20640 | Homes for Sale La Plata MD 20646 | Homes for Sale Port Tobacco MD 20677 | Homes for Sale Bryans Road MD 20616 | Homes for Sale Bryantown MD 20617 | Homes for Sale Cobb Island MD 20625 | Homes for Sale Hughesville MD 20637 | Homes for Sale Pomfret MD 20675 | | Homes for Sale Waldorf MD 20601, 20602, 20603, 20604 | Homes for Sale Nanjemoy MD 20622 | Homes for Sale Newburg MD 20664 | Homes for Sale Welcome MD 20693 | Homes for Sale White Plains MD 20695 | 20640 | Homes for Sale in 20646 | Homes for Sale in 20677 | Homes for Sale in 20616 | Homes for Sale in 20617 | Homes for Sale in 20625 | Homes for Sale in 20637 | Homes for Sale 20675 | Homes for Sale20601, 20602, 20603, 20604 | Homes for Sale 20611 | Homes for Sale 20622 | Homes for Sale 20664 | Homes for Sale 20693 | Homes for Sale 20695
Infographic by KCM Crew
Buying or Selling Real Estate in Maryland, Servicing these area’s.
Bowie, Waldorf, Coltons Point, Bryantown, Barstow, Solomons, Mechanicsville, Fort Washington, Brandywine, Oxon Hill, Annapolis, Aquasco, Dameron, Welcome, Cobb Island, Helen, Issue, Lexington Park, Hughesville, Lusby, Lothian, Temple Hills, Morganza, Callaway, Cheltenham, Piney Point, Port Tobacco, Bel Alton, Faulkner, White Plains, Pomfret, Benedict, Huntingtown, Marbury, Churchton, Greenbelt, Edgewater, Dowell, Port Republic, Ridge, Scotland, Clinton, Hollywood, Saint Inigoes, Prince Frederick, Bushwood, Tall Timbers, Odenton, Clements, Bryans Road, Valley Lee, Chesapeake Beach, Broomes Island, Leonardtown, Patuxent River, Saint Marys City, North Beach, Rock Point, California, Saint Leonard, Indian Head, Gambrills, Davidsonville, Crofton, Chaptico, La Plata, Mayo, Charlotte Hall, West River, Dunkirk, Deale, Abell, Owings, Nanjemoy, Park Hall, Harwood, Compton, Great Mills, Ironsides, Loveville, Sunderland, Tracys Landing, Mount Victoria, Drayden, Shady Side, Avenue
Sorry we are experiencing system issues. Please try again.
August 25th, 2019
Find Rentals around Fort Meade MD | Homes for Rent
Finding Rental to Lease near Fort Meade MD, Andrews Air Force Base or Patuxent Naval Base Area when you are PCSing can be a challenge. Here is an accurate list of “ACTIVE” Rentals. Rentals and leases you must be very careful. Rentals are entered by hand into Zillow that are miss leading. You have to realize the with my Military back ground and paying attention to detail, I see what is not ethical as a Licensed Realtor®. Rentals fall into the scope of protection of the public. Zillow is a syndicated website, meaning all the information comes from public records. Rentals can…
August 10th, 2019
Affordable housing for Sale near Fort Meade MD – Skip Young
Affordable Housing near Fort Meade MD Affordable housing near Fort Meade MD is caused by “Lower mortgage rates, higher wages and more homes for sale have helped counteract rising home prices, and ultimately, made it so that buyers are able to afford more than last year.” Danielle Hale realtor.com’s Chief Economist. You can afford more home near Fort Meade MD when you have a lower interest rates. This means Affordable housing is easier to find near Fort Meade MD. Take the time and Hire a Realtor® Skip Young to show you…
August 9th, 2019
Real Estate Market Report July.
Real Estate Market Report July. With the July 2019 Monthly Market Report lets jump right into the news. As usual in July, we give you a pricing update that’s our quarterly pricing update. And we want to start with the FHFA Actual Year-Over-Year price change in regard to individual markets, okay. So, what we can see here, individual regions. What we can see on this chart is that in each region we had a very nice uptick in prices. So if we go all the way across the board, we’re still seeing very strong appreciation. We’re not seeing that 7, 8, 9% that we saw on the West Coast I should say. But we’re still seeing strong appreciation. Remember, normal…
August 9th, 2019
PCSING to Fort Meade MD is there a Friendly Neighborhood?
PCSING to Fort Meade MD is there a Friendly Neighborhood? PCSing to Fort Meade, the Fort Meade Base supports the growth and development of housing around the base. Make sure you utilize Zillow in the right way. Grab an address and search it out using Zillow. Zillow pulls from public information. So you can gather data from one place. At the same time, anyone can add a listing to Zillow and you must be careful. You do not gain trust, care, responsibility,…