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4 Factors to Consider Before Deciding to Put an Offer in on a House You Love

August 25, 2021

Getting ready to put in an offer on a house is both an exciting and challenging process. To do it right, there are several things you’ll need to keep in mind and plan for in advance. Here are four factors you should consider before deciding to put an offer in on a house you’ve fallen in love with.

Whether the House Is in Your Budget Range

In the rush to make an offer on a home you love before another buyer beats you to it, it’s easy to let emotion run away with you. Many buyers find themselves offering more than they should pay because they believe they’ve found their dream home. Even if you love a property, you should walk away from it if it is above the maximum budget you had decided on at the outset of the home buying process. No matter how great the house may be, it isn’t worth years of financial stress resulting from a rash decision to buy.

The School District

Even if you don’t have kids now, it’s a good idea to check out the school district the house is in. Taking this step now can prevent you from needing to move if you decide to have children in a few years. A good school district will also likely lead to a higher price if you decide to sell your house later on.

Other Properties Nearby

If you find a house you love, it’s easy to get tunnel vision and ignore potentially better properties nearby. Check featured properties with a local agency like The Stockton Team: Keller Williams Showcase to see if there might be other homes that you should view before making an offer.

Whether You’re Ready for Financing

Getting ready to finance a home is a bit more complicated than most first-time buyers realize. In addition to a suitable down payment and credit history, you’ll be expected to provide proof of income and show that you have a suitable emergency fund to cover the mortgage in the event of unexpected issues. One of the best ways to make sure you’re ready to buy is to get pre-approved for a mortgage. Doing this will guarantee you a loan up to a certain amount, allowing you to put an offer in as soon as you’ve chosen the house you’d like to buy.


Considering these factors before putting in an offer will ensure that the buying process is relatively easy and you’re satisfied with your decision. Always be sure to give yourself some time to think before you make an offer since it’s easy to get carried away and end up regretting it later.

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