Now is your chance!! The market, when all is economically well, tends to favor the seller. Sellers have been somewhat in the driver’s seat for the last 5-7 years. Buyers now have oodles of opportunities with loans (definitely look at FHA loans right now), discounts from banks wanting to make loans (for example free credit reports and appraisal offers), home inspectors who have been slower than normal – offering price cuts, real estate agents with inventories they need to move may work with you, builders sitting on inventory where things have slowed down, sellers that have financial needs to sell their properties, foreclosures, and the list goes on and on. There is also an abundance of loan programs. Traditional mortgage loans to 100% loans and the use of THDA grant monies, special loan packages for people in the medical profession and teachers and tax credits all add up to home buyers having more on their side than they have had in a while.
Visit my website to search our local markets and MLS to educate yourself on the market. See what is out there that fits your needs. If you haven’t looked in a while, you may like what you see. Websites also have tools (Personal Retriever) where you can fill out what criteria you are looking for and it will e-mail you everything that comes on the market that meets your request!
This is a big investment. Treat it like one. Consult local professionals and do your homework, and it will be the best investment you can make. Home inspectors, title experts, termite inspectors, a solid lender, reputable closing attorney, surveyors, appraisers, good real estate agent, and a reasonable seller all coming together is a very rewarding experience. However, it only takes one small piece of a big puzzle to affect the outcome of a real estate transaction very adversely. Make sure again, that you are educated and informed throughout the process.
Get pre-approved before you start looking!! When it comes to offer time you can save thousands in the negotiating game by being prepared when its offer time. Low ball offers more often than not put sellers on the defensive and do not spur the feeding frenzy that a good offer can provide. Look at the home as an investment. Everybody likes the warm fuzzy feelings some homes can make you feel, but ultimately it is a long term investment and has to fit your needs.
There’s more to come, but for now there is work to be done. Please feel free to call anytime. My company and I look forward to serving you!!