YFP 245: Getting Under Contract in a Competitive Home Buying Market

Hear about Tony's background and the work he's doing right now with First Horizon.

How we're still at historically low-interest rates, even with the recent rise we're seeing.

Some context on the current market and why we currently have a housing shortage.

Tony shares why it matters what type of loan you get.

Important factors to consider when evaluating and considering the lender that you choose.

What an escalation clause is and some of the potential pros or cons to look out for.

Tony comments on the recent trend of waving inspection contingency.

Whether the earnest dollar amount is going up in this market and if offering more makes a difference.

The three pieces that will allow you to get out of the contract and not lose your earnest dollars.

Some advice on what to do if you're looking for an option with a lower down-payment.

Why there are so many cash offers out there at the moment.

We talk about some great strategies to help out with the seller cost.