We are continuing our series of tips for buying a new home in spring.
Springtime is here, and spring is the most popular time to buy a home! First time home buyers, new to the market may have a hard time navigating what questions they will need to ask to make sure the home of their dreams stays that way. One thing you can do to smooth out the home buying process this spring is to give yourself room to bid.
4. Give yourself some room to bid
It’s been established that there’s a very real possibility of getting into a bidding war. And while making a firm first offer is a step in the right direction, chances are you will have to go higher.
That’s why you should search for homes that are below the top-end of your budget. This way you can make a strong initial bid and still have room left to run, if need be. Looking at homes that are all at the limit of your budget can leave you feeling frustrated and dejected when you can’t compete with other bidders.
At Stonebridge Mortgage we are dedicated to making sure you end up in the home of your dreams. If you need any buying or financing for your home or office, we are here to help. Check out all Stonebridge Mortgage’s services.