Orlando Florida is a well-known and exciting city with attractions for individuals and families alike. When buying a home in Orlando, FL, many would-be homeowners are understandably looking for the perfect home at an exceptional price. One of the great things about the economic and housing situation is that as a buyer, you can find a deal like that right now.
However, one thing to keep in mind is that just because the market may be favorable, doesn’t mean that the home you purchase will end up being an outstanding deal. For people looking to buy a home in Orlando FL right now, I have 3 tips that can save you a lot of time.
- Understand The Orlando FL Housing Market
- Find “Undervalued” Homes in Orlando FL
- Work the Deal – Leverage Your Agent as a Closer
Understanding the Orlando FL Housing Market
The Orlando FL housing market has been interesting the past couple of years. Take a look at the latest housing market statistics:
As you will notic above, the recent market stats are showing an increase in prices as inventory continues to drop. This is telling for those interested in buying a home in Orlando, because it means that outstanding deals are getting a little tougher to find – though they are still out there. The big key is knowing what the market in specific neighborhoods is looking like, and how to find the right property.
I recommend that you stay informed, and make sure that your agent understands EXACTLY what things impact the market and in what ways.
Find “Undervalued” Homes in Orlando FL
Home values can differ and vary from even the market trends. More specifically, when you are buying a home in Orlando FL, you want to be able to find the properties that are even below what this market would demand. As a potential buyer, you can try and find some comparisons and recently sold listings, but especially in a recovering market like this, there are some other factors to consider.
Call Me, Send an Email, Fill Out My Form – Let me know what you are looking for, and I will help you know where you should be looking and where you should NOT be looking. This can save a lot of time, but more importantly, can make sure you get a GREAT deal on your home.
Work the Deal – Leverage Your Agent as a Closer
Probably one of the most under-utilized aspects of real estate agents is to use them as CLOSERS. Yes, we can find homes, yes we know how to track the market… When it comes down to the right home, in the right area – then it is really time to earn our keep. I will tell you now that I can’t negotiate any price you want. I can also tell you that I can strongly negotiate the best price for a home. This will literally save thousands in a number of ways – there is everything from the cost of the home to closing costs, and other things that we can save money on.
Again, this is a good market to get a deal, so let me know what you are hoping to find in a home, and let’s get HOUSE HUNTING