A few years ago when the real estate market was sizzling hot, buyers were happy to find a house they could afford, and with prices spiraling upward, almost any house would do.
Today, buyers are faced with low inventory and keen competition from other buyers. It seems the real estate market always offers challenges and difficult choices, and it is a smart decision to build a team to help navigate your way through the purchase maze. Whether this is your first home or your fifth, it pays to have a professional team on your side.
Here are my Simple Steps for Success:
First, meet with a professional and determine what you can afford, and whether you need to sell your current home before you purchase a new one. Your lender of choice will give you a pre-approval letter stating you are qualified to purchase a home up to a certain dollar amount. This letter will accompany your offer and can be updated as necessary.
Next, narrow your search down to a few communities based on:
4. Other amenities important to your lifestyle
Now you’re ready to begin some serious searching. There are many online sites available, and many are useful during the initial stages of house hunting, but once you have narrowed your search to a few communities, an agent can send you a daily list of homes tailored to your specific criteria (price, location, amenities) and save you hours of scrolling though online sites.
Your agent will schedule appointments to show you only the homes that meet your specific needs. You will receive new listings, price reductions and other vital information on a daily basis. It’s a great way to become an educated buyer with very little time invested in searching through cyberspace for your little piece of the earth.