Homebuying January 20 2017

Tips on Buying in a Tight Market

Increase your chances of getting your dream house instead of losing it to another buyer, with these easy steps.

  1. Get prequalified for a mortgage. You'll be able to make a firm commitment to buy and make your offer more desirable to the seller.
  2. Stay in close touch with your real estate sales associate to find out first about new listings that come on the market. And be ready to go see a house as soon as it goes on the market.
  3. Scout out new listings yourself. Look at Internet sites, newspaper ads, and drive by the neighborhood frequently. Maybe you'll see a brand-new "for sale" sign before anyone else.
  4. Be ready to make a decision. Spend lots of time in advance deciding what you must have so you won't be unsure when you have the chance to make an offer.
  5. Bid competitively. You may not want to start out offering the absolute highest price you can afford, but don't try to go too low to get a deal. In a tight market, you'll lose out.
  6. Keep contingencies to a minimum. Restrictions such as needing to sell your home before you move or wanting to delay the closing until a certain date can make your offer unappealing. In a tight market, you'll probably be able to sell your house rapidly. Or talk to your lender about getting a bridge loan to cover both mortgages for a short period.
  7. Don't get caught in a buying frenzy. Just because there's competition doesn't mean you should just buy anything. And even though you want to make your offer attractive, don't neglect inspections that help ensure that your house is sound.

Search Results for query

September 24 2020

Conforming vs. Nonconforming Loans

When financing your new home, there are just a few things you need to know about the types of loans you might be choosing from.

Read More

September 16 2020

Online Closing Options: Closing Faster, Smarter, Safer

Health concerns, purchasing out of state, or other life interruptions can make closing in person difficult — and that’s why we’ve created two new options for borrowers, our Eagle Express Close and Remote Digital Closing Experiences.

Read More

September 02 2020

6 Cheap and Easy Ways to Increase Your Home Value With Curb Appeal

There are several affordable, DIY curb appeal options to increase your home value that can get you some serious sweat equity.

Read More

August 25 2020

6 Pieces To Brighten Up Any Room

Lighting and fixtures we use in our homes can be utilized to reflect our mood and create ambiance. This can be done by understanding the types of lighting, how they can be used and what mediums they best compliment.

Read More

August 03 2020

Laura Escobar Named 2020 Woman of Influence

Eagle Home Mortgage President Laura Escobar has been named one of HousingWire’s Women of Influence 2020.

Read More

July 28 2020

6 Surprising Ways to Spend Smarter for Back to School

This year, many of us have a different picture of back to school shopping. With some savvy financial planning, you can keep expenses in check and still help your kids be ready to learn.

Read More

July 21 2020

Plan Ahead When Buying Your Next Home

Thinking ahead will ensure your next home is one you can enjoy for years to come.

Read More

July 14 2020

Stop Making Your Landlord Rich!

Many renters don’t know how easy it may be to purchase a new home, nor realize their mortgage payments could actually be equal (or less) than what they’re spending monthly in rent.

Read More

July 07 2020

Start the Mortgage Process Early & Reduce Stress

Just because your home is not finished being built, doesn’t mean you should leave the mortgage process for the last minute.

Read More

12345Last

Mortgage Calculators

Crunch the Numbers With Our Helpful Mortgage Calculators

Payment Calculator

payment calculator

Payment
Calculator

Affordability Calculator

affordability calculator

Affordability
Calculator

Refinance Calculator

refinance calculator

Refinance
Calculator

The Modern Digital Mortgage with a Personal Touch

Paperless. Effortless. Awesomeness TM

Simplify the home financing process with our Digital Mortgage. We'll be here to help navigate you through the entire process.

Get Pre-qualifiedWhat is a Digital Mortgage?