Local Buying Tips

5 Tips to a Buyer

1. Budget.  Before beginning the house search, have your mortgage broker/bank prepare a preapproved letter to verify the amount you are qualified to borrow, terms, and monthly payment you will have, after taking all additional costs you currently have such as car, child school, insurance, taxes, etc. This will ensure the budget you can afford on a monthly basis. (Make a list of all your expenses including credit card payments)

2. Identify desired neighborhood.  When inventory is tight, you may need to compromise on certain wants and some things can be added later, like newer appliances, flooring, etc, but some things cannot, like the location near school, shops beach large backyard, so focus on the things must have and cannot be changed after purchase.

3. Make decisions.  Homes in desired locations do not stay on the market too long, so if you find a house that reaches your expectations and budget make an offer and do not wait too long or you will lose the house

4. Offer.   Most buyers tend to submit a low offer to start bidding. However, if a seller has multiple offers, they will choose the highest and best offer and there is a chance that you will lose the bid. If you like and want the house then the highest and best offer with fewer contingencies and fewer restrictions would be a good chance you're winning the bid 

5. As A Realtor. I am a Member of the National Realtor Association, familiar with the neighborhoods, and restrictions in most communities and will guide you through the entire transaction to closing, working with a Professional Realtor.