Competition can be overwhelming when purchasing a home, but we’ll work diligently to craft the strongest offer possible, utilizing tactics that go beyond just a higher price. Every buyer has the ability to compete on some level, depending on their comfortability, by offering things like quicker timelines and fewer contingencies. It doesn’t always come down to price! 

Rates are higher than they were, and it’s natural to hesitate. But here’s something to consider: waiting doesn’t necessarily mean you’ll save money. Home prices may continue to rise, and you’re also missing out on building equity in your own property instead of paying rent. Plus, if rates drop later, you can always refinance — but you can’t go back and lock in today’s price.

You’re absolutely right that it can be tough to compete in this market with a home sale contingency, but there are good solutions we can explore. For example, a bridge loan could allow you to access the equity in your current home to buy your next one before you sell, giving you the ability to make a strong, non-contingent offer. Some buyers are also choosing to sell first, and ask for a rent-back period in their current home while they search for a new one. Either way, we’ll talk through strategies that might be a good fit for your situation so you can stay competitive and comfortable.

Since I specialize in helping clients buy and sell single-family homes and condos, I don’t typically work with apartment or rental searches. But I’m happy to point you in the right direction or connect you with some resources that can help — and when you’re ready to purchase, I’d love to guide you through that process!

I would love to introduce you to Matt Scott, my trusted mortgage broker and business partner who can answer all your financial questions, and give you cash-to-close estimates for your next home!

On average, my buyers spend 3-6 weeks house shopping before going under contract. But this can vary greatly depending on your list of criteria, and market conditions! From under contract to close, you can expect roughly 25-35 days.