Tips for First-Time Homebuyers
I get a lot of questions from people asking me how they can get into their dream home. Oftentimes, buyers in our market find their dream home online. But, before they can even access the property it’s already under contract. Here are a few key tips you can use to make sure this doesn’t happen to you.
First, know that there is other inventory out there that you don’t have access to—but your agent does. Real estate agents have access to homes that aren’t on the market, and finding a home that’s not on the market is advantageous because you don’t have to compete for it.
“ Getting a pre-approval letter will make your offer stand out."
Another great tip is to remove contingencies from your offer. If you have a home you need to sell first before you buy your next one, for example, there are certain strategies you can apply to your offer in order to do so.
Lastly, get a pre-approval letter instead of just a pre-qualification letter. This will greatly enhance your stature as a buyer. If you work with us and get a pre-approval letter, our lending partner will call the listing agent representing the home you’re interested in and explain to them how strong of an offer yours is because the loan is essentially fully approved.
If you have any questions about how to find your dream home in our market, don’t hesitate to give us a call. We look forward to hearing from you.