Spring Market: Be prepared to Act
As the sun rises the harmony from the returning birds flows through air, the days are becoming longer, and grass is finally in sight. Spring is just around the corner and that means the busy season in real estate is here again. The fast pace of the spring market can be very intimidating especially for new time homebuyers. If you are planning on buying within the next few months follow these few tips to prepare yourself.
Get preapproved with your lender
If you are looking to buy in the spring market now is the time to talk with your lender for a prequalification letter. Your dream house may come on the market tomorrow and be gone before you know it. Sellers want to know you are a serious buyer and before you can schedule a showing you need to be prequalified.
Find the right Real Estate Agent
Agents play a big roll in the process of buying or selling a home. You want to work with an agent that can make the process as smooth and straightforward as possible. Some qualities you will want from an agent are exceptional communication, comprehension of the local market, availability, skillful negotiation technique, and professionalism. A good place to start would be to look at reviews from past clients on third party sights like Google and Zillow. If you need further guidance your loan officer will have a network of trusted agents, they can refer you to.
Make sure your home is ready to sell
If you are a current homeowner that needs to sell, make sure your home is ready. Houses in this market go fast. Make sure your home would be prepared for a showing if you had to it on the market in the next month. Completing tasks now like cleaning, repairs, upgrades, and painting will take the stress off when you are ready to make the move.
All indicators point to a hot spring market. Contact Paragon today to make sure you are well equipped and can stand out against competing offers.