Web Extra: Buying a Home? How to Get the Best Value

Before you decide to buy a home in today’s market, how can you be sure you’re getting the best bang for your buck? Dolly Lenz, vice chairman of Prudential Douglas Elliman, has these tips:

1. Arm yourself with a loan, have pre-approval if possible to make sure you are proving to the seller that you can close the deal. If a seller knows you’re legit, they will always offer you the best rate.

2. Get your hands on appraisal documents or, if you are unable to do that, a written broker opinion (these are not difficult to procure).