4 Tips to Buying a Home in a Competitive Market

It can be difficult to purchase a home in a super competitive market like we have in the Treasure Valley right now. Anything under $300,000 is going super quick and first time home buyers are definitely running into this problem. Here are four pieces of advice to get the home you want:

1. Make sure you are pre-approved before you start looking at houses. This way you already know what your monthly payment will be and what price you feel comfortable with. If you do find the home that you’re in love with, you’ll already be prepared to put in an offer.
2. Be ready to go look at houses! You can’t be on vacation and out of town or you’ll be missing out on opportunities. When a house comes on the market, you need to be ready to go see it quickly.
3. Make quick decisions. If you love a home and hesitate on putting an offer in, you’ll likely not get the home. Know what it is you want and when you find it, put an offer in.
4. Put in a strong first offer. Sellers aren’t always countering offers because they most likely have multiple offers to choose from. Think about what the home is worth to you and come in at that price.

If you follow these 4 tips, hopefully you can get the home of your dreams in this crazy market right now.