Since this is very much a seller’s market and many properties are receiving multiple offers and are also then going for well above list price. So the number one quality to have in this market is patience. There are new properties being listed every day, so sooner or later you will find one that works for you. Just remember that if you are pre-approved ( and I hope you are, if not call me) for 500K that means that you can’t offer 525K. You should be pre-approved at the top of your affordability ratio’s so any higher and you will not get approved.
I look forward to hearing from you in regard to your mortgage needs.
p.s.s- I should tell you that I am licensed in Nova Scotia, Ontario(M18001555) & in British Columbia(BCFSA #504098).