5 Ways to Survive a SellerÕs Market Are you hunting for a home in a market where inventory is low and thereÕs often a bidding war for properties in your price range? Follow these tips to maximize the chance youÕll close. 1. Treat your hunt seriously. House hunting must be your priority, not your weekend hobby. Check new listings regularly, be prepared to drop everything to view a home when it hits the market, and be ready to make a quick decision. 2. Bring paperwork, not promises. Want to be taken seriously by the seller? When you visit homes, bring a mortgage pre-approval letter andÊa Òproof of fundsÓ formÊfrom your bank showing youÊhaveÊenough to cover the down payment. 3. Consider waivingÊwhat-ifs. Home buyers often include contingencies when making an offer so they wonÕt lose their deposit if, for example, the home doesnÕt pass inspection. Waiving contingencies could help you close a deal, but this definitely is not a move for the faint-hearted. To gauge your risks, consult your Realtor and check www.realtor.com/advice/buy/what-really-happens-when-you-waive-contingencies/ 4. DonÕtÊplay hardball. This isnÕt the time to try to low-ball on price. Bid aggressively Ð while still staying within a monthly budget you can afford. 5. Widen your search. YouÕll increase your chances of finding a property if youÕre willing to consider homes outside your ideal neighborhood and houses that may need some remodeling or renovations. Source: Realtor.com