3 Things for Homebuyers to Keep in Mind as Summer Approaches: Have a good plan

It’s the time of year where people enjoy road trips, vacations, days by the river, dips in the ocean, time in the sunshine, and so much more. Are you planning that summer camping trip or that Memorial Day get away? Or are you getting ready to start the homebuying process? Here’s what to consider when doing so this summer. Here are 3 quick things to do to start you summer homebuying “vacation.”

1. Just like a vacation… plan: Make a list of WANTS and a List of NEEDS. More homes may be on the market now. Buying a home in the summer across the U.S. likely means you have more options to choose from compared to other seasons. Students are out of school now, moves may be easier to accomplish, job relocations may be a real consideration now, or maybe family needs have changed. Looking at your wants and needs currently is a great way to see if there has been a shift from only being able to buy from your NEEDS list to now being able to add some WANT items to that list. Upgrades on vacations are always welcomed.
2. The timing of closing on a home (and moving) can vary: From start to finish, the process of buying a home – from making an offer to moving in – can take some time. When purchasing a home this summer, consider your calendar and how soon you’d like to be in your new place. While some summertime homebuyers will close on their transaction during this season, others may be looking at a fall move. Factors that can impact timing include your financing (i.e. how quickly you secure a mortgage loan), items raised during inspection, the timeline of the seller’s departure, and more. Plan for delays and what ifs…do you have an extra pillow to take a nap in the hypothetical house “airport” terminal.

   Getting pre-approved for a loan in advance can speed things up. Pre-approval is helpful to do at the very beginning of the homebuying process, as the lender will assess your financial factors and determine what type of loan you qualify for. From there, you have a better idea of a homebuying budget, which is helpful as you start to browse potential properties. You wouldn’t go on a vacation, not knowing how much it cost or much spending money you would need, right?

3. Find yourself a trusted home-buying travel agent A trustworthy real estate agent brings valuable experience, expertise, and skills that can help ensure a smooth transaction. That way, you can spend more summer days doing the things you love (in your new home!). The sooner you start working with a real estate agent, the sooner they can help find your new home, advocate on your behalf, and get you on your way to being a homeowner.

Ready to start the homebuying process? Get in touch with a real estate agent that can expertly guide you in buying your home from start to finish with YOUr Realty Group and Lita Goodwin. Real estate services that put YOU first. How can we help?

Contact us today for a free property evaluation. We are here to help with all your home selling needs. For more information, contact Lita at 971-341-4491 or visit www.yourrealtygroup.com.