Making an Offer: 5 Mistakes to Avoid
In competitive housing markets across the country, making an offer that sticks has become increasingly difficult. Don't make the process even tougher by succumbing to one of these common mistakes.
Delaying
Time kills deals, you could wind up paying more in a bidding war situation or missing out on the property altogether.
Making an offer for their preapproved amount
Buyers come in with a preapproval for the exact offer price, but when you're competing against other offers, including cash offers, you want to have room to negotiate, you may no longer qualify if interest rates rise.
Submitting a lowball offer
A lowball offer can seem disrespectful and could turn off the seller and possibly mean you will miss out on the property.
Waiving inspection contingencies
Get it inspected, if you waive the inspection contingency you may lose the earnest money if you back out of the deal.
Not presenting yourself well enough
Buyers may see themselves at a disadvantage so take steps to make sure you look good in the eyes of the seller.
Whether you would like to buy or sell your Taos or Angel Fire Real Estate contact the ladies at New Mexico Mountain Properties. Where we are dedicated to Bringing You The Best in Real Estate throughout the Enchanted Circle.Perhaps you want to live "green" there are many homes in Angel Fire or Earthships in Taos to choose from.You can access the Taos MLS system from this website if you do not find the perfect Angel Fire or Taos property on our website. If buying or selling Angel Fire property call us at (575) 377-2626. Maybe you want the perfect Taos get away to fuel your artistic side call us at (575) 758-5852. We have lots and larger parcels for sale in Taos and Angel Fire to build your "Dream Home". To speak directly to a broker call Paula at (575) 770-3306. We are here to welcome you to our growing community....the mountains are calling!!!