House hunting in the seller’s market can be very daunting. For new homebuyers, the experience of house hunting can be overwhelming and exciting all at the same time.
👩🏻🏫 Learning About House Hunting
Before Hunting Down that House
House hunting is not an easy task in a sellers’ market. Especially fierce is the under $300K market competition. The truth is magnified in the number of properties listed in the market. Getting the desired home that meets your needs is not that easy. Sometimes it may seem that luck plays a significant role during house hunting. Below are remarkable suggestions that can guide you through the home hunting process and important steps in buying a home.
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🕴🏻 Using a Real Estate Agent
Some may find their homes through other sources.
Others prefer to use real estate agents when they want to look for a home.
Using a real estate agent is a straightforward and convenient way to go about house hunting.
The good ones have a good mastery of the community as well as all the homes that have been listed for sale.
Therefore if you know exactly where you wish to acquire a home it will be helpful to pick a local agent who has their ear to the ground in that community.
Also, local agents know the real estate market trends as well as the best possible deals.
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More house hunting option includes: Zillow, Realtor®.com, Redfin.com, and the like. Keep in mind that your local agent provides the most accurate data. Third party sites can’t seem to keep up with the closings so often times when it says “available” it is actually already sold. It’s fun using those websites until you find the “perfect house” and then find out that the darned thing sold 7 weeks ago. When an agent gives you access to the local Multiple Listing Service (MLS) you get real-time data just like the agents do. It’s far more reliable. So, if it says “Active” in the MLS then it’s active and available for purchase, indeed.
When you are getting started with your house hunting, discuss your home buying deal with your friends, co-workers and family members. Also find out from local communities and bulletin boards if they have information on homes that have been listed in their community.
When it’s time to pick an agent look on Google and read the reviews. Simply type in the name of your city followed by the words “real estate agent”.
🚶🏻 Walk Around
Just walking around, you can stumble on homes that have been listed for sale.
You can gather information from signpost, flyers, etc.
Get to know more about the neighborhood you wish to live in.
Use the internet to get information on crime level and types, schools, hospitals, city halls, and shops, etc.
Don’t forget to talk to people who live in the neighborhood you are considering to buy your home in.
They may have an idea about where to find your dream home.
This can release you from the house hunting stress. Imagine, you strike up a chat with the locals and find out that there’s a house coming up for sale next week according to the local grapevine. It always pays to strike up conversations. In today’s competitive market having a leg up that gives you the low down on a home before it hits the market is big-time inside track info that will make a difference.
You may try to find properties in any of the surrounding 30+ cities with various features during your spare time to find available houses that may get your attention.
👭 Referral Services
Use home referrals online to search for your home. Most referral services that are online will provide you with the relevant information you need. There are several websites on the net, you need to enter the correct information, and they will provide you with homes that have been listed for sale. House hunting in a seller’s market is a difficult task. However, you can end up getting exactly what you need if you correctly follow these tips.
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Thirteen First Time Home Buyer Mistakes to Avoid – by Bill Gassett