With inventory at an all-time low, here are 5 TIPS to give you the best shot at buying a home in this market!
1. ARE YOU READY TO MAKE YOUR MOVE? Do you need to sell your current home first? Is it ready for the market? If you are renting, do you know how much notice you need to give your landlord? This fast moving market means that you need to be ready when you find that property that you want!
2. DO YOU KNOW WHAT YOU NEED vs WHAT YOU WANT? Have a list of your "must-have" features of the home that you will not compromise on, along with a list of "would be nice to have" features. Your budget will play a major factor in this list; however, knowing what you are looking for is important so you can make some quick decisions if necessary!
3. WHAT IS YOUR FINANCIAL HEALTH? Do you know your credit score? How much of a down payment do you have? Speaking to a financial professional may be uncomfortable, but is essential in discovering if you can afford a home you may be looking at. You may need to manage your expectations, change your search parameters, or find ways to improve your financial situation during this process.
4. WORK WITH A REAL ESTATE AGENT! That may sound like a self-serving statement, but the reality is, is that you are dealing with a licensed professional who will partner with you for success. Having access to listings, a current and informed pulse on the market, and helping to alleviate the stress of this big transaction are just a few of the many benefits to working with an agent!
5. GET PRE-APPROVED FOR A MORTGAGE! You need to know exactly where you stand, not where you THINK you stand. It's like going grocery shopping and leaving your wallet at home. With the price of homes being inflated right now, you need to make sure that your budget allows for all of your costs, and by having that pre-approval, you will be more prepared to make that decision. Lenders are extremely busy these days, so alleviate the stress of waiting by thinking ahead!
Let me do your HOMEwork! I am happy to answer all of your questions and concerns and help you to find that home you are looking for.
~ Jennifer
With inventory at an all-time low, here are 5 TIPS to give you the best shot at buying a home in this market! 1. ARE YOU READY TO MAKE YOUR MOVE? Do you need to sell your current home first? Is it ready for the market? If you are renting, do y
With inventory at an all-time low, here are 5 TIPS to give you the best shot at buying a home in this market! 1. ARE YOU READY TO MAKE YOUR MOVE? Do you need to sell your current home first? Is it ready for the market? If you are renting, do y