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What do you do before you make an offer on a Charles County Home

 

People are reading a note book and viewing the numbers

Infographic by KCM Crew

So, you’ve been searching for that perfect house to call a ‘home,’ and you finally found it! The price is right, and in such a competitive market, you want to make sure that you make a good offer so that you can guarantee that your dream of making this house yours comes true!

Freddie Mac covered “4 Tips for Making an Offer” in their Executive Perspective. Here are the 4 tips they covered along with some additional information for your consideration:

1. Understand How Much You Can Afford

“While it’s not nearly as fun as house hunting, fully understanding your finances is critical in making an offer.”

This ‘tip’ or ‘step’ should really take place before you start your home search process.

Getting pre-approved is one of many steps that will show home sellers that you are serious about buying, and will allow you to make your offer with the confidence of knowing that you have already been approved for a mortgage for that amount. You will also need to know if you are prepared to make any repairs that may need to be made to the house (ex: new roof, new furnace).

2. Act Fast

Even though there are fewer investors, the inventory of homes for sale is also low and competition for housing continues to heat up in many parts of the country.

The inventory of homes listed for sale has remained well below the 6-month supply that is needed for a ‘normal’ market. Buyer demand has continued to outpace the supply of homes for sale, causing buyers to compete with each other for their dream homes.

Make sure that as soon as you decide that you want to make an offer, you work with your agent to present it as soon as possible.

3. Make a Solid Offer

Freddie Mac offers this advice to help make your offer the strongest it can be:

Your strongest offer will be comparable with other sales and listings in the neighborhood. A licensed real estate agent active in the neighborhoods you are considering will be instrumental in helping you put in a solid offer based on their experience and other key considerations such as recent sales of similar homes, the condition of the house and what you can afford.

Talk with your agent to find out if there are any ways that you can make your offer stand out in this competitive market!

4. Be Prepared to Negotiate

It’s likely that you’ll get at least one counteroffer from the sellers so be prepared. The two things most likely to be negotiated are the selling price and closing date. Given that, you’ll be glad you did your homework first to understand how much you can afford.

If your offer is approved, Freddie Mac urges you to “always get an independent home inspection, so you know the true condition of the home.” If the inspector uncovers undisclosed problems or issues, you can discuss any repairs that may need to be made with the seller, or cancel the contract.

Real Estate Bottom Line

Whether buying your first home or your fifth, having a local real estate professional who is an expert in their market on your side is your best bet to make sure the process goes smoothly. Let’s talk about how we can make your dreams of homeownership a reality!

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Carlos Gautier Realtor
10665 Stanhaven Pl Suite 300
White Plains,
MD
20695
www.carlos4homes.com
Mon-Sat 8am - 6pm
Maryland Homes For Sale

 

Homes for Sale Indian Head MD 20640 | Homes for Sale La Plata MD 20646 | Homes for Sale Port Tobacco MD 20677 | Homes for Sale Bryans Road MD 20616 | Homes for Sale Bryantown MD 20617 | Homes for Sale Cobb Island MD 20625 | Homes for Sale Hughesville MD 20637 | Homes for Sale Pomfret MD 20675 | | Homes for Sale Waldorf MD 20601, 20602, 20603, 20604 | Homes for Sale Bel Alton MD 20611 | Homes for Sale Benedict MD 20612 | Homes for Sale Faulkner MD 20632 | Homes for Sale Issue MD 20645 | Homes for Sale Marbury MD 20658 | Homes for Sale Nanjemoy MD 20622 | Homes for Sale Newburg MD 20664 | Homes for Sale Swann Point MD 20645 | Homes for Sale Welcome MD 20693 | Homes for Sale White Plains MD 20695

20640 | Homes for Sale in 20646 | Homes for Sale in 20677 | Homes for Sale in 20616 | Homes for Sale in 20617 | Homes for Sale in 20625 | Homes for Sale in 20637 | 20675 | | 20601, 20602, 20603, 20604 | 20611 | 20612 | 20632 | 20645 | 20658 | 20622 | 20664 | 20645 | 20693 | 20695 |

980 Results Price (high to low)
22
$2,490,000 For Sale
5075 Crain Highway
La Plata, MD 20646
2 beds, 1 full, 1 partial baths | Single Family Home
950 sq ft, 16.87 acre lot
3
$2,200,000 New For Sale
11275 Edge Hill Road
Newburg, MD 20664
3 beds, 2 baths | Single Family Home
15.85 acre lot
29
$1,500,000 For Sale
1825 Budds Ferry Place
Indian Head, MD 20640
6 beds, 5 full, 1 partial baths | Single Family Home
21.65 acre lot
30
$1,490,000 For Sale
16340 Woodville Road
Brandywine, MD 20613
4 beds, 2 full, 1 partial baths | Single Family Home
16.74 acre lot
30
$1,250,000 For Sale
2835 Kelly Court
Waldorf, MD 20603
5 beds, 6 full, 2 partial baths | Single Family Home
2 acre lot
30
$1,199,999 For Sale
6225 Cool Springs Farm Place
La Plata, MD 20646
7 beds, 5 full, 3 partial baths | Single Family Home
7,500 sq ft, 83 acre lot
30
$1,100,000 For Sale
9150 Margaritaville Place
Welcome, MD 20693
4 beds, 2 full, 1 partial baths | Single Family Home
15.55 acre lot
30
$992,900 For Sale
7550 Brentland Road
Welcome, MD 20693
4 beds, 4 full, 1 partial baths | Single Family Home
3 acre lot
30
$900,000 For Sale
8020 Norwich Court
Port Tobacco, MD 20677
6 beds, 6 full, 1 partial baths | Single Family Home
6,948 sq ft, 1.79 acre lot
1
$875,000 For Sale
2722 Kirk Drive
Waldorf, MD 20603
5 beds, 5 full, 2 partial baths | Single Family Home
2.91 acre lot
24
$750,000 For Sale
6300 Thetford Place
Port Tobacco, MD 20677
5 beds, 4 full, 1 partial baths | Single Family Home
4,940 sq ft, 2.41 acre lot
29
$749,900 For Sale
9205 Marshall Corner Road
Pomfret, MD 20675
4 beds, 4 full, 1 partial baths | Single Family Home
4.89 acre lot
30
$749,000 For Sale
12605 Potomac View Drive
Newburg, MD 20664
4 beds, 3 full, 1 partial baths | Single Family Home
4,000 sq ft, 29.33 acre lot
29
$699,900 For Sale
6325 Naylors Reserve Court
Hughesville, MD 20637
4 beds, 4 baths | Single Family Home
6,054 sq ft, 3 acre lot
30
$675,000 For Sale
4840 Friendship Acres Road
Nanjemoy, MD 20662
3 beds, 2 full, 1 partial baths | Single Family Home
0.95 acre lot
29
$674,995 For Sale
16770 Persica Lane
Hughesville, MD 20637
5 beds, 3 full, 1 partial baths | Single Family Home
6,318 sq ft, 3.04 acre lot
30
$665,000 For Sale
7228 Russell Croft Court
Port Tobacco, MD 20677
5 beds, 4 full, 1 partial baths | Single Family Home
5,220 sq ft, 1.14 acre lot
30
$665,000 For Sale
6995 Pale Morning Court
Hughesville, MD 20637
5 beds, 3 baths | Single Family Home
2,849 sq ft, 3.22 acre lot
1
$659,409 Under Contract
8101 Blue Tick Hound Way
Port Tobacco, MD 20677
4 beds, 4 baths | Single Family Home
4,322 sq ft, 1.24 acre lot
29
$649,999 For Sale
13885 Lloyd Point Farm Road
Newburg, MD 20664
4 beds, 3 full, 1 partial baths | Single Family Home
4,557 sq ft, 1.39 acre lot

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Carlos Gautier
White Plains, MD 20695
301-399-3519
carlosagautier@yahoo.com

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