Real estate is on the move. Interest rates are at a relative all time low (however, creeping upward), inventory is low, demand is high, especially in specific price points. The “market” dictates that it the Sellers are still in control of selling a property, demonstrated by time on market for a listed property.
It is stressful for Buyers, in general, to locate the perfect property at the perfect price. Adding to the stress is that Buyer/s are often in a position to make a time sensitive, quick decision.
Michael Corbett writing for Trulia, provides a detailed overview that Buyer’s must consider 5 factors when considering extending an offer when purchasing a property.
1. Market temperature matters.
2. Apples are apples.
3. Time is money.
4. Sellers are people too.
5. The wrong offer can cause buyers to miss out.
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Cliff Daniels
720 434 1418
cliff@actprop.com
actprop.com
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Serving client’s real estate requirement since 2002, with a focus on residential purchase – buy or sell – list property. Experience in commercial lease office space, as well as commercial property purchase. Based in Boulder County, 3rd generation Colorado native (raised in Denver), with a market service area for clients that includes: Denver metro, Longmont, Louisville, Lafayette, as well as Boulder mountain properties.