Buying in a Seller's Market
Posted by Ken Richter on
In today's real estate landscape in Calgary AB, prospective home buyers often find themselves facing a significant challenge – a seller's market. A seller's market occurs when the demand for homes outweighs the supply, granting sellers the upper hand in negotiations. However, with the right strategies and a focused approach, buyers can still succeed in purchasing their dream home. Here are some tips:
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Be Prepared: In a competitive market, preparation is key. Start by getting your finances in order and obtaining a pre-approval letter from your lender. This shows sellers that you are serious and ready to make an offer.
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Define Your Priorities: With limited inventory and increased competition, it's crucial to have a clear understanding…
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