Buying a home can seem like an overwhelming experience. There are so many important things to keep in mind as you look, from school zones to number of bedrooms to loan approvals. Luckily for you, the expert realtors from the Leibowitz Realty Group are here to help. Here are five tips from our top realtors to help you on your search.
Keep an Open Mind
As CBS News says, buyers who are too picky from the start will have a very hard time finding a home. We know that this is a big decision, but it’s important to remember that certain things are more important than others. If you find a home that is in the perfect location, for example, but you hate the shutters, it’s probably not a home you should cross off your list. Updates and changes like shutters or paint color are easily changed and should not cause you to cross a home off your list.
Don’t Wait Too Long!
If you find a home that you love, but you’re holding out for the asking price to be lowered, or putting off the decision to make an offer, you could end up in a bidding war or ultimately lose the home. This is especially true here in the Palm Beach region, where the housing market has been quite hot in recent months. When you find something you love, the time to put in an offer is now!
Avoid Upfront Haggling
If your agent is advising you to write a full-price offer, it means that your agent thinks the price is fair for the market. If you offer less than the asking price, you run the risk of the buyers rejecting your offer and cutting ties with you. While it’s important to get a good deal on a home, it’s equally important to listen to your agent’s advice – they are more familiar with the market than you are.
Avoid Numerous Counter Offers
Speaking of offers and counter offers, Bank Rate suggests that buyers keep in mind that bidding wars with other buyers could drive the home’s price up higher than where the market actually values it. Don’t end up overpaying for a home that has more than one interested buyer.
Get Your Paperwork Prepared
If you’re serious about buying a home, make sure you have all of your paperwork and bank statements ready to go. A few days of delay in getting your paperwork into your agent to present to the seller could cause you to lose the home.
If you’re ready to commit to buying a home and are looking for an agent to help you, meet the agents at the Leibowitz Group. We’re standing by and ready to help you find your dream home in the Palm Beach area today. To get started, give us a call at 561-262-0721 or 561-262-0722 today to schedule an initial consultation appointment to request a visit to see any of our listings.