The numbers are in and the state of Texas has five of the top ten fastest growing cities in the US according to the US Census Bureau. Two of those cities are right here in North Texas! Frisco and McKinney have topped the list as #2 and #3 respectively.
With so many people moving to the area, home buyers can find themselves in literal bidding wars for a new home. So, what can you do if you are in this market?
- Get Pre-Approved for a Mortgage – Gone are the days of a Pre-Qualification letter, sellers will be more inclined to consider an offer on their house from a buyer who has been fully vetted by a lender with a Pre-Approval letter to show that the buyer has the financial means to purchase the home.
- Hire a Qualified Realtor® - You want to have someone with real estate experience working on your behalf. A buyer’s agent will know how to present your offer in the best possible light and negotiate on your behalf.
- Write a Letter – If this is your dream home, let the seller know. Providing a letter stating all you love about the home just might seal the deal!