Buying a Home: Be Ready to Make a Move

buying a home kansas cityWe’re headed into the first weekend of the New Year. Who’s ready to find a new home? Listings are starting to tick back up on MLS after the holidays, and there are plenty of active buyers seriously looking in our market. If you want to buy ahead of true spring competition, take these steps NOW to be able to put forward your strongest offer.

Get Pre-Approved:  Contrary to what many people think, getting pre-approved is a quick and simple process. Like same day simple, in most cases! What’s important prior to making an offer is that you talk with a lender to determine a buying budget that makes financial sense for you. Once you set that budget, you’ll have an estimated idea of expenses to expect and you’ll receive a pre-approval letter. This letter is a must in our market for an offer to be considered.  Not sure where to start? We can provide you with a list of lenders we know and trust.

Have Earnest Money Available:  Earnest money will be part of an accepted offer. When we write a contract, it will include a line for your earnest money deposit. The price of the home and the demand will be factors how much this should be. In most cases, you will be writing a check for approximately 1% of the home’s price. A copy of the written check needs to be submitted with the offer (so if you are an online person, find that checkbook!). If your offer is accepted, the check will then be held by the title company until closing.

Be Non-Contingent:  In this market, few sellers are willing to accept a contingent offer. So, if you need funds from a home sale to buy your next home, our first step should be getting your current home sold. We have the resources to get your property market-ready and sold fast. And in some cases, sellers may be willing to consider an offer if your home is under contract.


Of course there are more steps related to financing and buying a home, but these are the first steps you need to take to make a serious offer. You can rely on our experience and vast network across Kansas City to help you every step of the way. Reach out to one of us or call 913.402.2599 to be matched with an agent in your target market to get things started right away. We can’t wait to work with you!