Spring has sprung and it’s a great time start looking for your new home! Whether you are a first-time buyer or are looking for a change, this is the time of season to take advantage of the upcoming housing inventory. As sellers prepare to list their homes, this is the perfect time to get started on our easy checklist for getting ready to buy.

      1.)  Talk to a mortgage broker. Whether you know you are eligible to qualify for a loan, you’re certain you have some work to do, or you are simply unsure, a lender will be able to go over your credit in detail and discuss any steps that you need to take to prepare your finances for purchasing.

      2.)  Reflect on why you are buying. This will give you the best, most practical list of ‘search criteria’ when it comes time to look. Are you downsizing? Or maybe your family has grown and you need additional space. Looking into a new school district? Or perhaps wanting to be closer to the hustle and bustle of the city. Whatever your reasons, your realtor can discuss these things with you and build a home search that suits you perfectly.

      3.)  Contact your realtor asap. They can work with you as you begin the process even if you are a few weeks or even months away from buying. Your realtor will stay in touch, guide you through the process, and be available to show you homes as soon as you have reached that stage. They will also research to ensure that your time isn’t wasted looking at homes that do not fit your needs.

 

Some benefits of searching for a house in the spring -

With spring being such a popular time to sell, the number of homes on the market will increase.

When the weather is nice, homes are more accessible to inspect, and it can be easier to spot and potential problems.

If you are a family with young children, it can be a smoother transition to move the kids over the summertime versus the middle of the school year.

 

TIPS:

Always remember to set a realistic budget. Your lender can work with you on establishing these plans.

Get your mortgage loan pre-approved.

Determine your needs and your wants and be prepared to make compromises.

Contact Your Hometown Real Estate Team at Real Estate Exchange to get started. We are always available to answer your questions and get you started on this exciting adventure!