Category: (2)

Get Your Offer Accepted!

by char-maccallum-real-estate-group-inc

We’ve had a lot of buyers out looking for homes this past week.  The Char MaCallum Team has a couple of tips as the market shifts from a buyer’s market.  It’s good to know how to improve your chances to have the seller accept your offer!

Once you decide on a home, don’t waste time; write an offer and submit it as soon as possible. Competing with another buyer happens more frequently than you’d expect. It’s happened several times these past week to our buyers agents on The Char MacCallum Team!  Multiple offers are a seller’s advantage but here are some tips to level the playing field:

  • Realistic offer – don’t give the impression you’re trying to “steal” the property. Submit comparable sales that justify your offer.
  • Pre-approval letter – this satisfies seller’s biggest concern that an unqualified buyer will unnecessarily take the home off the market and the seller will lose other opportunities.
  • More earnest money – it shows you’re serious and makes the seller feel like the contract will actually close.
  • Minimize contingencies – from a seller’s standpoint, each contingency is one more reason why the sale won’t go through. They feel the home is “off the market” and they’re in limbo.
  • Shorten inspection period – your agent can help you set a reasonable date but let the seller know you’re willing to close prior to that if possible.
  • Write a personal letter to the seller telling them why you want their home – this can be the emotional connection to the seller that makes the difference in you getting the home.
A seller wants to feel confident that the offer they accept will actually close so they can plan for their next move. Following tips like these can definitely affect negotiations and help put together an offer that is more likely to be accepted.
Let’s get out there and buy some houses!!
Are you looking for that perfect Kansas City Home?

Don’t delay, let’s buy NOW!

by char-maccallum-real-estate-group-inc

Sooner is Better than Later!

Buyers who have delayed purchasing a home due to concerns about what might happen to the tax laws affecting home ownership should feel comfortable about getting back in the market. The recent legislation passed by Congress and signed by the President continues to value homes as a favored investment.

For a summary of specific real estate provisions in the “Fiscal Cliff” bill, click here.

Whether the delayed purchase is for a home to live in as your principal residence or to use as rental property, taking action sooner is better than later.

Reasons to buy now:

  • The house payment with taxes and insurance is probably cheaper than the rent.
  • Rents will continue to rise making the difference even greater in the future.
  • Lock-in the principal & interest payment with a fixed-rate mortgage.
  • 30 year mortgage terms are available to most borrowers.
  • The mortgage interest deduction is intact for the majority of taxpayers.
  • The capital gain exclusion for principal residences up to $500,000 remains in place.
  • Prices are going up due to lower inventories and several years of low housing starts.
Looking for an Olathe Home for Sale or want to Find Kansas City Homes to view?  We can help!