It's a buyer's market - don't delay!

It's a buyer's market - don't delay!

The record low interest rates and favourable current bank lending, sees the demand for property at it's highest. This turn in the dynamic property market means that as a purchaser, you should not delay when making an offer to purchase.

Ensure that you have done the proper research before putting through your offer in writing. Consider the following to ensure your offer is accepted without delays;

• Prequalify yourself as this has a major effect on the acceptance of a sale
• Check if there is any room to negotiate on the price
• Submit your offer closest to the asking price
• Research recent sales in the area
• Put down a higher deposit amount
• Ensure that the inspections and compliance reports are in order

Although these tips can aid the acceptance of an offer, always be prepared for a counter-offer. Enlist the services of a reputable agent to guide you through the negotiation process.