Posted in Uncategorized

WORDS OF ADVICE FOR HOMEBUYING THIS SPRING!

ADVICE FOR YOUNG HOME BUYERS (actually young and old alike)!  The real estate market is moving at a pace we haven’t seen in YEARS so be mentally prepared. Homes are selling above full price with multiple offers as we have a serious shortage of homes to sell. With interest rates at incredible lows, home prices are being driven up by demand. Home buying can be stressful enough as it is, but your emo…tional roller coaster can escalate when you find a home you love and get outbid when you offer full price. Understand it likely isn’t your agent’s fault or YOURS – it is the fierce market we’re in and prepare yourself for the competitiion.  Be patient, persistent and understand what is happening out there and you’ll avoid a lot of mental strain. ALSO – get a complete (credit, income, assets & debts – not just credit score) preapproval from your lender and the strength of that preapproval letter can make you more attractive to the Seller (and their agent) than your fellow Buyers. Make it a great day!
Advertisements