Phone 928.300.1699

Quick Search

Search Properties

Home Buying Tips for the New Market

Posted By Wally Reule @ Apr 19th 2013 9:48am In: Sedona Real Estate Market News

The market has changed for Sedona real estate! Prices are going up, and we often receive multiple offers Sedona homes for sale, so here are some tips reported by CNN Money Magazine.

(1) Don't waste time with lowball offers. Those days are gone, and it's not going to work. Even if the seller doesn't have another offer in hand, if it's a property you really want, you might alienate the seller.

(2) Bid to win! As I said, we are often seeing multiple offers on the same homes in Sedona, so in addition bidding more, consider the following strategies: Have fewer contingencies, be flexible with the closing date, and offer a leaseback if the seller is in a crunch to vacate.

(3) Shop for financing. Get several quotes for financing. In addition to a mortgage broker, look at small banks and credit unions, which a often very competitive.

Share on Social Media:

Comments (0)

Comments have been closed for this post.
Please contact us if you have any questions or comments.