Obtain the Best Rates & Lowest Closing Costs
When you are ready to purchase a home in Maryland, it makes sense to negotiate from the strongest position possible. In a strong real estate market, sellers can be more selective in the final buyer they choose to negotiate with. In such a crazed seller's market, it's not uncommon for a home seller to receive multiple offers on their property. With that said; there are certain things you can do to make certain that your offer is the one Seller goes with.
The vast majority of Purchaser's today go about the process entirely wrong, putting themselves at an overwhelming disadvantage!
Let's look at this from the Sellers perspective for a moment. If you were the Seller and had multiple offers on your property, all things being equal, would you accept the one with Certificate of Financing Approval or the one that was still conditional on Financing? The answer is obvious. Why then, do so many buyers wait to start the financing until after they have found the home?
What I have found is that those buyers are usually very good, qualified buyers and are not worried about getting approved. Even though they usually are correct and will ultimately be Approved, the Seller in most cases has no guarantees.
Lastly, from a cost savings perspective...
As a prospective purchaser, it makes all the more sense to start the financing early on so you can get a firm handle on your interest rate and estimate of points and closing costs. If you do this before finding a home, you are not under any time constraints and are less likely to over pay like a buyer who has found a home and is under strict time constraints.
Should you decide that you wish to take advantage of Pre-Approval -
Fill out our VIPBestBuys Form and start your home search NOW!
Confidential Mortgage Application for Home Buyers in Maryland, Baltimore County, City, Harford County and Cecil County
LONG and FOSTER Living in Baltimore
Baltimore City is just as dynamic as the county that surrounds it. With roughly 650,000 residents, it ranks in the top twenty most populous U.S. cities. As such it offers all the amenities of big-city living, including national sports teams like the Baltimore Orioles and the Baltimore Ravens as well as major sports events like the Preakness Stakes horse race. The city’s centerpiece is the Inner Harbor. One of the nation’s oldest seaports, the Inner Harbor was recently revitalized and is now home to Harborplace, a downtown waterfront complex of stores and restaurants. Anchoring the Inner Harbor is Maryland’s number one tourist attraction, the National Aquarium in Baltimore. The aquarium’s 10,000 specimens of 560 species attract 1.6 million visitors annually. With so much to offer residents, it’s easy to see why Baltimore real estate is so popular.
Despite its metropolitan status, Baltimore real estate includes many folksy neighborhoods which have earned the city the nickname of “Charm City.” One of the most desirable of these is Federal Hill, which lies just south of the city’s commercial district. Overlooking the Inner Harbor, Federal Hill’s quaint rowhouses share space with a unique blend of restaurants and shops, including the historic Cross Street Market. Fells Point, another waterfront neighborhood, boasts the city’s highest concentration of pubs/bars. In 1969, it became Maryland’s first National Historic District, and its cobblestone streets remain a large part of the neighborhood’s identity. Little Italy is also a popular community thanks to its incomparable culinary offerings, though its narrow streets and close quarters are more easily navigated on foot than by car.
Baltimore County’s diverse attractions and the city of Baltimore’s urban amenities make for an enticing combination. To find Baltimore homes for sale and real estate, simply click on Listing Book at the top of this page and begin your home buying journey!