Our Lake Havasu real estate market is extremely hot right now. With high buyer demand and low inventory, buyers find themselves fighting for their dream home with others. When you factor in the out-of-town buyers searching for vacation homes and investment properties, the competition is fierce. Buying a Havasu home in a seller's market might be tough, but it isn't impossible as long as you heed the following advice. Buying a Havasu Home in a Seller's Market Financing Comes First Before all else, talk to a lender about securing a mortgage loan. In a seller's market, several buyers might vie for the same property. Including an approval letter with your offer shows the seller that you're serious and financially ready for the purchase. It could also put you ahead of a higher offer without any loan in place to back it up. Talk to Your Agent Often This especially holds true in a seller's market. Real estate agents look at listings all day. Once you tell them what you want in … [Read more...]