So You Put In an Offer On a Home
The market is extremely hot right now, with lots of potential buyers putting in offers on homes. Obviously the seller can’t sell their home to everyone, so many of those offers will be rejected. If this sounds all-too-familiar to you, worry no more. When you’ve got Modern Home Lending on your side, you’ve got a full team behind you. We’ve been around the block, and we know tactics to help get your offer accepted.
Here’s what we do:
1. Collect All Documentation Upfront
You have to provide a lot of documents to secure a home loan. We jump-start the process by collecting all of this documentation beforehand. This is important for organization and making decisions surrounding the loan. Getting all your ducks in a row can save big on time and money. Additionally, it will highlight any potential problems that could come up later. In short, we make sure everything will go smoothly before you get into the thick of the process.
2. Update Pre-Quals for Specific Offers
Most sellers will not consider an offer from a buyer who hasn’t been pre-qualified. Pre-qualification letters are provided by a lender as a confirmation that you’re eligible for a home loan. These pre-quals exponentially strengthen your offer, because it’s backed by an institution. If you’re putting in offers on multiple houses we can customize each pre-qualification letter to each specific property to give you the best chance of being accepted.
3. Flexibility with Closing Costs
Unlike most other Lenders and Brokers, Modern Home Lending doesn’t charge any processing or underwriting fees. We also have a wide range of loan options with varying closing costs associated with them. We’re more than willing to work with our clients to find the right option for them, and we help negotiate during the process to get you the best deal possible.
4. Follow Up On the Offer
Simple, yet effective. Instead of simply submitting the offer and waiting for a response that may never come, we always follow up. This may seem small, but part of our strength comes from our consistency from top to bottom. By remaining diligent, we avoid mistakes, we streamline the process, and we get your offers accepted.