Do you need to be an all cash buyer in today’s Bend Oregon Real Estate market? Even though it might seem like cash buyers have preference over buyers who have conventional, HUD or FHA loans, the reality is that a homebuyer doesn’t have to be an all cash homebuyer to find the right home of their dreams, if they use the following strategy.

Must Haves & Should Haves

The first step to competing with cash homebuyers in the competitive Bend Oregon Real Estate market is to have a list of must haves and should haves that you want in a home.

An example of a must have is a 3 car garage, half bathroom, central heating or air conditioning while an example of should haves is: tile floors, granite counter tops, ceiling fans in every room or energy efficient windows.

By knowing what they want in a home and what they are willing to settle for, a homebuyer with a conventional loan, HUD or FHA loan will have a larger list of homes to choose from and with more home buying options they will feel less pressure when competing with all cash homebuyers.

Be Ready To Take Action

From the minute a home is listed, the homebuyer should be contacting their Bend Oregon Real Estate agent to schedule a showing of that home because, the longer they wait to see it, the greater the chance is that they will miss out on the ability to buy the home because, an all cash homebuyer or someone else will have gotten to the home first and had their offer accepted.

To learn more home buying tips or to view the latest homes on the Bend Oregon Real Estate market sale, contact Jason Boone at Duke Warner Realty today by calling me at (541) 362-1031.