Tips for Buying a Home in a Seller’s Market

If you’re buying a home in Aspen and we happen to be in a seller’s market, don’t worry – you can still make it through with the home of your dreams (and without paying a fortune over asking price).

Here’s what you need to do to successfully buy a home in a seller’s market:

Get preapproved
Act quickly
Write a note to the seller

Here’s a closer look at each.

#1. Get preapproved

A preapproval means that your lender has verified your ability to afford a home loan for a specific amount. It requires you to submit documentation that backs up your financial claims, which means it can show the seller that you’re serious – and that you’ll qualify to buy the home.

#2. Act quickly

You can’t wait too long before you make an offer in a seller’s market. The nature of a seller’s market says that you have competition from other buyers – and if you don’t make an offer, they will.

#3. Write a note to the seller

Adding a personal note to the seller can help your offer get accepted. Naturally, there are no guarantees about this – but when you tell the seller what you love about the home and that you’ll take care of it for years to come, you can tug on his or her heart strings a bit.

Are You Selling or Buying a Home in Aspen?

If you’re ready to sell your home in Aspen, Woody Creek, Basalt, Carbondale or Snowmass, we may be able to help you.
Get in touch with us right now to find out how much your home is worth – and discover how we’ll be able to help you sell it quickly and for top dollar.
If you’re also looking for a home for sale in Aspen or a nearby community, check out our listings by price: