Want to
sell your home? Get a FREE home value report. Want to
buy a home? Search all homes for sale.The Pittsburgh real estate market is getting tough for home buyers. They’re facing a lot of competition in the form of multiple offer situations, but luckily I have some advice for buyers today. It’s not an uphill battle for you!
- Increase your escrow money to prove to a seller that you have some skin in the game.
- Try to improve upon your mortgage product. If you’re doing FHA financing, sometimes conventional loans are more appealing to sellers. Put as much down on the home as possible, no matter what type of financing you are using.
- Reduce your contingencies, and ideally, have no contingencies at all. Sellers simply don’t want to deal with your contingencies if they don’t have to.
- Be as flexible as possible. A little bit of discomfort now could win you your dream home. Think about your family and their future.
- In a tight market, writing a personal letter to the seller is a must. Tell them why you and your family need the home, and what you plan to do with it. This puts a face to your name, instead of just a dollar sign.
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If you need any extra help planning an offer on your dream home in Pittsburgh, please don’t hesitate to contact me!