Blog

Make Your Offer Stand Out this Spring

Make Your Offer Stand Out this Spring

March 21st, 2018 | Home Buying Tips, First-Time Homebuyers

Ready for the spring Utah home buying season? In today’s strong housing market, multiple offers are the norm in many areas. It’s definitely a seller’s market. Here are some things to keep in mind as you get ready to make an offer on a property:

Think twice about making lowball offers. It’s an enduring myth among home buyers: Many people think the only way to make an offer on a home is by making a lowball offer and work up from there to get the best deal possible. But in reality, lowball offers aren’t as effective as you might think unless the property has languished on the market for a long while. In a hot real estate market, consider making your best offer up front.

Have your financing lined up before you begin. Make sure you’re pre*approved for a home loan with a reputable Utah mortgage broker before you look at a single property and definitely before making an offer. Many sellers will not accept offers from buyers who haven’t yet lined up financing. When making an offer, ask your real estate agent about making a larger earnest money deposit; doing so could help position yourself as a serious buyer.

Carefully plan contingencies. Offers should almost always be made contingent upon a home inspection. Beyond that, though, sellers in a strong housing market are likely to reject an offer that contains several buyer conditions or contingencies. For example, in a hot seller’s market, you probably aren’t going to have much success making an offer contingent upon the sale of your existing home or a similar demand.

Advanced Funding Logo



Your Mortgage Broker

As a mortgage broker, we work with several Utah mortgage lenders, enabling us to offer you a variety of Utah mortgages at the best mortgage rates and lowest fees available. Working with several lenders allows us to offer more Utah home loans to help you achieve your goals. Whether you're buying a home or refinancing your current home, Advanced Funding is here to help. Our mortgage loan officers are available to help you during regular business hours or a time that is more suitable to your needs. Call today for more information, 801-272-0600.

Experience Matters

As a top mortgage company, Advanced Funding Home Mortgage Loans offers a variety of Utah mortgages and refinances. Our licensed Utah mortgage brokers are both knowledgeable and experienced to ensure you a pleasant home loan experience at the best interest rates available. We combine the use of technology, impeccable service, a dynamic management team, along with a well-trained, and experienced staff to produce results, such as great mortgage rates, low fees, and most importantly, a fast and pleasant loan experience.

Advanced Funding Home Mortgage Loans
6589 South 1300 East, Suite 200
Salt Lake City, UT 84121

Advanced Funding Home Mortgage Loans BBB Business Review

NMLS ID 13287 | Policy Privacy | Licensing | Employee