There are a number of steps to take to help you win that competitive bid for your new home. In the Triangle area, many homes priced under $300k will enjoy competitive offers. So, as a buyer, if you are getting a loan, it is important to show you have pre-qualification from a LOCAL LENDER. A seller will view a local lender as someone who has skin in the game and will do their best to get buyers correctly qualified for the loan.  In addition, make sure you do not max out the amount of a loan your lender says you can afford.  I like what Clark Howard (Consumer Advocate) has to say:Clark Howard