With rates near all-time lows, the housing market is buzzing with potential buyers! Low rates mean more affordable payments or more home for your money, and now is a great time to purchase a home. Below are a few tips and tricks to help you stand out from a crowd of other home buyers and snag your dream home:

1. Do Your Research
In a competitive market, if you have already found a home that you are interested in, there may not be time to research schools or debate how many bedrooms and bathrooms you may want. Having your “must haves” established early on can reduce stress and help narrow down your options when you start shopping for a home and making offers.
2. Get Prequalified
This shows that your lender is confident that you are able to afford a home. Sellers can only accept one offer at a time, and most won’t look at one without a prequalification letter. This assures the seller of your ability to fund the deal, and that you are a serious buyer. Contact a GMM Loan Officer to learn more about getting prequalified today.
3. Use Our Technology to Your Advantage
We offer a 5 star rated mobile app as a beneficial resource to simplify the steps of securing a home loan. This can help to provide a clear understanding of what homeownership could mean for you. Access our loan calculators, chat with your loan officer, send documents securely, and even check on your loan status anywhere and anytime.
4. Find a Rock Star Real Estate Agent
A good real estate agent will have a solid understanding of the market as well as top-notch communication and negotiation skills. Having an experienced professional on your side can give you a big boost over the competition.
5. Act Quickly
When you find a home that you would like to purchase, you can’t wait long to submit an offer! Timing is of the utmost importance when you’re competing with other buyers that have their hearts set on the same property.
6. Money Talks
Keep in mind that homes often sell for more than their listing price – especially in a competitive market where multiple buyers are bidding on the same property. If you underbid, you may run the risk of losing the home to another bidder.
7. Make it Personal
Selling a home can be a big emotional decision. Writing an honest and sincere letter to the owners of the home that you would like to purchase can be a nice gesture to help you stand out from other potential buyers. Let them know why you think you’re the right buyer and don’t be afraid to get emotional to establish a personal connection