The Perfect Time to Purchase a Home

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Mortgage and Lending with FHA, VA, Jumbo, Downpayment Assistance, Conv. NMLS #276329

 

Buying a home is easily one of the most significant financial decisions you’ll make throughout your life. It requires planning, saving, and the right timing. But what factors should you consider when planning the timing of your home purchase?

 

Here’s a quick guide for you to reference as you prepare to enter the home buying process:

 

  • For the most choice in home selection, shop in the spring or summer. This period usually kicks off around March and tops out in June. You might pay more, but you’ll also be more likely to find your dream home.
  • For more negotiating power, shop in the winter. Inventory will be lower, but if you strike before demand outstrips supply, you should be able to find a great deal.
  • Always consider your financial situation. You’re best equipped to take advantage of the market conditions when you’re fully prepared, having planned ahead and saved for a down payment. Make sure your personal finances are the primary driver in any home-buying decision-making.

 

 

Source:https://fhmtg.com/2021/02/18/perfect-time-to-purchase-a-home/#0-buying-when-inventory-is-high-and-prices-are-dropping

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Lisa Perry, Senior Loan Officer

"Your Northern VA Mortgage Specialist"

540-273-2733

NMLS ID #86548 / 276329

Email:  LPerry@fhmtg.com

Apply on line:  LisaPerrryLoans.com

 

 

 

 

 

 Proudly Serving Washington DC, Virginia & Maryland

Comments (2)

Richard Weeks
Dallas, TX
REALTOR®, Broker

Great information, thanks for sharing.  I hope you have a great day.

May 20, 2021 01:43 AM
Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

Great information.  Thanks for sharing and have a wonderful day!

Jul 01, 2021 06:46 AM