Get pre-approved:\r\n

With lots of competition between buyers you need to act quickly once your offer is accepted. The best way to do that is to make sure you have all your finances in place and have been pre-approved from a lender. TOP TIP: Make sure you have a Mortgage Agreement In Principle (AIP) in place.\r\nContact me to be put in touch with a broker I work closely with.\r\n\r\n\r\n

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Avoid being in a chain:\r\n

If you have nothing to sell and aren’t in a chain then that will certainly edge you closer to the front of the buyer’s queue. If you put in a decent offer, it is likely that you will be preferred to a ‘chain’ buyer that bids a similar amount. To those buyers in a chain i.e. reliant on selling, I’m afraid you stand to pay more than a ‘no-chain’ buyer if multiple buyers have offered.\r\n\r\n\r\n

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Be proactive:\r\n

Establish relationships with local Real Estate Agents in your search area because many of the best properties are sold before they even reach the market at the moment. If you show them that you are a serious buyer in a good position then you’ll be first to know about new properties.\r\n\r\n\r\n

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Prepare for sealed bids:\r\n

Sealed bids have become the order of the day with many sales now ending up in a best and final offers situation. This means you need to know exactly what you can afford to allow you to make decisions quickly.\r\n\r\n\r\n

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Don’t pay too much:\r\n

Stick to your budget! Yes you want to secure a forever home but make sure you aren’t getting yourself into financial trouble in the process as you don’t want your dream home turn into a nightmare. It is a tough market out there and it can be really deflating if you are missing out on property after property, but you just have to keep going and keep bidding because sooner or later it will be your time to get the keys to your dream home.\r\n\r\n\r\n

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For help and advice buying and selling your Birmingham home, get in touch with myself, Dean Coleman, Bespoke Estate Agent Powered By EXP on 07581875215 or email me at dean.coleman@exp.uk.com.”,
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