Investing in Cape Coral Property? If you Didn't Write Your Offer Today, You Should Have!

Posted by David Sporleder on Tuesday, January 4th, 2011 at 10:31pm.


 

As a home buyer, this is one of the biggest decisions you'll make in your life. If you are a seasoned Real Estate Investor, this may be your third, or even your tenth home purchase, but the feeling never changes. You want this home to be perfect, and if you are like many individuals, you spend a great deal of time laboring over the pros and cons of a particular Cape Coral property. Unfortunately, if you don't learn "how to shop for a home" you could end up losing the house of your dreams while you are deciding if it's really right for you.

So, how do you keep from driving yourself crazy and make a solid decision? Glad you asked.

Reality Check and Your Pros & Con's List

Let me just say, that no home is going to be 100% perfect. I don't think that exists. One home will sacrifice closet space for a huge, custom bathroom that you wish was in that other house, the one with the ideal kitchen. If this is how you find yourself thinking, trust me, you're not alone. Everyone goes through this process, and the funny thing is that even if it was 100% perfect, we are fickle people, so 6 months from now you'll be changing the color scheme or the appliances anyway.

Now, if you've looked at several homes and you've got your mental priority checklist with you, now is the time to make the decision. Keep in mind that desirable, well priced homes move quickly, especially Cape Coral waterfront properties. Here's a few solid reasons why striking while the iron is hot and making your offer today can keep you from the disappointment of losing the Cape Coral property you deserve.

·         Making the offer now can snag you a better price by avoiding a bidding war. Trust your instincts, and an experienced real estate agent. Many people are followers and wait until interest builds on a home. By then a bidding war is on your hands. If the price is right, location is right, space and layout are right... get in and make your offer. I've seen excellently priced properties avoid a bidding war altogether by making the offer the same day. By the time the other bids come in tomorrow, yours has been accepted.

·         Making the offer the same day as a price reduction. Regardless of how minor the price reduction, they always draw attention to more buyers. Email alerts will also blast out to potential buyers who have set certain parameters for searches. If the reduced price of your Cape Coral property causes it to fall within your price range, don't hesitate. Get your offer in quickly.

·         Putting in an offer can actually cause agent and potential buyers to look elsewhere. Gone is the day of the frenzied bidding wars that occurred during the housing boom. If you are looking to purchase a Cape Coral property through a short or traditional sale, putting your bid in early can cause other, non-aggressive buyers to consider other options in order to avoid a bidding war.

The bottom line for today's market is the fact that playing hard to get in order to avoid seeming too eager is not a wise strategy. If the seller feels you are indecisive, they may be hesitant to accept your offer. No seller wants to take their home off the market, just to have to put it right back on. If the property works for you on all accounts: price point, square footage, location, layout, and features, it's time to put the offer in.

Avoid the disappointment that comes with losing the Cape Coral property you truly wanted. I've seen it happen time and time again. It can take the wind out of your sails and cause you to view the other options as "leftovers" that are undesirable.

If you are ready for your Cape Coral home, please call our offices today. We'd be honored to take you through the buying process and match you with the perfect Cape Coral property.

 

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