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Amber Sky Home Mortgage Provides Homebuyers with Tips to Navigate a Bidding War

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Elmwood Park, N.J. (PRWEB) April 25, 2013

Amber Sky Home Mortgage, a trusted direct lender and leader in New Jersey home mortgage rates, loans and refinancing, provides homebuyers with tips to navigate todays competitive housing market as sales activity increases and bidding wars reemerge.

As sales activity increases quality inventory declines creating the reemergence of competing offers, said Michael I. Sema, President of Amber Sky Home Mortgage. For the first time in many years homes are selling for over market value, and with a lack of new home construction and still incredibly low mortgage rates, buyers are frenzied over prime real estate. It is crucial for these buyers to speak with a certified mortgage specialist and get pre-approved so that they know exactly how high they can go on a bid, without over-extending themselves.

Amber Sky Home Mortgage offers some tips to prospective homebuyers to ensure they are winning when they are bidding:

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Amber Sky Home Mortgage Provides Homebuyers with Tips to Navigate a Bidding War is a post from: Best Home Mortgage


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