How to get the Upper Hand on your Home Purchase

Madison Wisconsin Real Estate Video Blog with Jo Ferraro

There are many great Madison, WI area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at 608-205-1321 for a FREE home buying or selling consultation to answer any of your real estate questions.

Today we want to give you 3 tips for buying a home. These tips will help you gain a competitive advantage over others who may want the same property. Many areas in our market, even in the Fall, have very low inventory to go along with their low interest rates. This has buyers competing for the homes they want, and we want to share with you some strategies to help you out.

1. Be prepared in advance

Know your buying power as well as how much you can and want to spend. Make a budget and stick to it so you don't overpay.

2. Love it or lose it

Sometimes you have to make a decision on whether you love a home enough to make an offer, or move on to the next home. We have a love it or lose it program on our team where if you have to relocate for whatever reason, we will sell your house for free.

3. Know how to navigate in a multiple offer situation

When you are competing against multiple buyers for the same property, you need all the help you can get. Our team has an escalation clause, exclusively for our clients, that will pretty much guarantee that our buyers win. Even in the last week, this clause has allowed 3 of our buyer clients competing against multiple offers to win because of it.

We are all about going above and beyond for our clients and introducing outside-the-box thinking and strategies that really make a difference. If you have any questions about our team, or about real estate in general, give us a call. We'd be glad to help!