828.348.1907 Zachery@GoPrime.com
Preparing for Rejection and Continued Search

Written by Zachery Adam

August 16, 2021

Preparing for Rejection and Your Continued Search

What to Do if You Don’t Get the House: Preparing for Rejection and Your Continued Search

Fueled by several factors, including the pandemic, the housing market in Asheville has become super competitive. Homes are selling after barely being on the market and for well over the asking price. Some potential buyers find themselves in the middle of a bidding war, and any time there’s a war, there will be winners and losers. What happens if you lose the bid on your next house? Here is our guide for how to be prepared for rejection and moving forward in your housing search.

Get Prequalified  

We say it a lot, but that’s because it’s essential. Before you even start looking for your next home, talk to an independent mortgage lender to get prequalified. While this may not save you from the heartbreak of losing out on your dream home, it will give you a better chance of moving on quickly to find another perfect home.

Setting Yourself up for Success

Along with talking to a proven mortgage lender such as GoPrime in West Asheville, you should also surround yourself with other trusted professionals. Finding the right real estate agent will be vital in finding your next home. Talk to someone who understands the power of negotiation and how to tell your story to the seller. These things can make all the difference.

GoPrime is happy to connect you with the network of agents we’ve worked with in Asheville — ask us today.

Prepare for the Emotional Process

Buying a home isn’t just about the financial aspect. It’s also a very emotional process. Especially right now when people are buying homes sight unseen. It’s crucial right now to prepare emotionally in any way that makes the most sense for you. A few things to try include:

Know that it is okay to lean on others for support during this time.

Don’t Take it Personally

What happens next? What if you’ve made an offer, even over the asking price, and still didn’t get the house? Know that you can do everything right in today’s market and still not be able to buy the home you want. The most important thing you can do is not take it personally. Sure, take a few days to feel the sorrow of the missed opportunity, but once you dust yourself off, you can start again. You never know; the right house may be just around the corner.

Do you want to know more ways to be prepared to buy a home in Asheville? Call the team at GoPrime Mortgage in West Asheville today.

Do you want to understand the mortgage process better and get preapproved for your next home purchase? Call the team at GoPrime Mortgage today. GoPrime Mortgage in West Asheville is here to help. Call us today at 828-348-1907 – GoPrime Mortgage in West Asheville.

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Explore your options

Explore Your Options

As a first-time homebuyer, you may believe that you have to get your loan through a bank or credit union. But that’s not the case. An independent mortgage lender often provides more options than a bank can. Shop around. See who gives you the best deal on a mortgage loan that’s right for your circumstances. You may be surprised.

Get Pre-Qualified

Getting pre-qualified for a mortgage loan is the best first step to take when you want to buy your first home.

Mortgage Calculator

To get a quick, down-and-dirty — and completely unofficial and nonbinding — idea of what your monthly mortgage payment would be based on the cost of a house.

16 Mortgage Tips

Get good, professional advice for what to do and what not to do when you’re seeking to buy your first home.

Mortgage Document Checklist

When applying for a mortgage loan, you may need reams of financial records. Or not. It’s different for everyone. Here is a complete list to give you an idea.

Frequently Asked Questions about Mortgages

Everyone has questions when it comes to buying a house and applying for a mortgage loan. This page answers the most common questions people have.

Homebuyer’s Guide

Law requires that you be provided with this monstrous document when you apply for a loan. Here is a helpful summary of its contents.

Mortgage Glossary

As you explore down the rabbit hole of mortgage loans, you inevitably will find terms and acronyms that you don’t understand. Look here for help.

Mortgage Loan Products

While some lenders push specific mortgage loan products because it’s best for them, GoPrime Mortgage, Inc. takes the time to find the mortgage that’s best for you.

GoPrime Mortgage, Inc. offers a wide range of mortgage loan types. To understand the differences, read this page and then talk to Zachery Adam and his Team.

Zachery Adam

Zachery Adam

Branch Manager, Loan Officer

"What we do is so far more important than lending and buying houses. We are in the business of facilitating dreams and honoring the start of a new home.” 

Daniel Priest

Daniel Priest

Loan Officer

"I enjoy working with clients new to the homebuying process. Remembering what it was like for my family, I will take my knowledge of the mortgage process and make it easier.” 

Teona Rodriguez

Teona Rodriguez

Marketing

"“I wake up every morning with incredible appreciation. I love what I do.” ” 

Jordynn Webb

Jordynn Webb

Loan Officer Assistant

"My eventual goal is to become a loan officer. I love working within the community and being a part of the GoPrime Mortgage team.” 

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