How many times have the words "It's a great time to buy" been said? More than any of us can fathom. Is it true? For those who are considering purchasing, the answer is a resounding "YES".
Having said this, if the decision is to purchase, then commit to it. Put your heart and soul into it.
- Prequalify with a reputable lender first. If you don't do this first, you are not committed because you have no idea what price range you are in...and don't trust on-line qualifying programs.
- Next, interview and retain a Realtor to represent you. If you don't do this, then you are not committed.
Realtors are your best advocate and know the ins and outs of a very volatile market. - After you have retained your Realtor, ask them to set up a tour for you of available homes in your price range. If your agent doesn't do this then your agent is not committed. Get another Realtor who will. Don't go out on your own to do all of your searches and then contact a Realtor to write up an offer...you may have missed many of the possibilities out there.
- Once you find the house of your dreams, listen to your Realtor and their suggestions as to how the contract should be written. They know what needs to be done to get you that house. Commit to that house and don't "test" the sellers to see what you can get away with.
- Once you are in escrow, commit to the purchase. Be realistic in your repair negotiations. Your Realtor will know what is reasonable and what isn't. Listen to them.
- Commit to time lines. When asked for something from your lender, get it to them as soon as possible. When asked for signatures, get them to the other party as quickly as possible.
Finally, be sure you are committed to the process. Nothing will discourage your Realtor quicker than to discover that you are still in the "considering" stage. Your Realtor will prioritize their clients and if they get a sense you are not serious, you will be lowered on their list. Good luck and good house-hunting!
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