Imagine you’ve dreamed of living in a particular neighbourhoodin Kelowna, perhaps for
years, and then, when you're finally ready to make a move, finding out that
the area is competitive and buying there is definitely a challenge.
A disappointment? Not necessarily.
There is a lot you can do to buy into a popular neighbourhood, even in
competitive offer situations.
Your first step is to start targeting that area now. Find out about property
types, prices and trends. In particular, you’ll need to know what price range
you should be thinking about, and making sure that it’s going to fit your
budget. To do that, you might need to get a determination of the Fair Market
Value of your current home.
Next, begin making preparations so you can get a jump on opportunities in
that neighbourhood quickly. You don't want to see a great property come on
the market and not be ready to make a move. So, get your current home in
order so it’s ready for a quick listing.
If possible, make arrangements to get alerted to new listings as soon as they
come on the market. Keep in mind that a new listing may not appear online for
several days. By getting advance notice, you can be among the first buyers to
see the home and have an early advantage over other buyers.
If it's likely there's going to be competing offers for the home you want, there
are many strategies that can increase your chances of winning. These involve
going in at the right price, minimizing conditions to the offer, presenting the
offer appropriately, and negotiating effectively.
Is there a neighbourhood you want to get into? Upper Mission, Lower Mission,
Glenmore, Dilworth, Wilden, Rutland just to name a few...
We can help make it happen.
Call The Dion-Ivans Real Estate Team today!!