"U.S. inventory of homes for sale reaches record low."
- Housing Wire, February 2020
This is true but as a homebuyer in this market, it shouldn't repel you from purchasing. As a result of record low mortgage rates, your buying power increases tremendously, making it a great time to buy. As I've been telling all my buyers, if you go into the home buying process prepared and with the proper expectations, you will come out a happy new homeowner! See more below...
THE KEYS TO BUYING WITH LOW INVENTORY
Homes in our market are hot commodities so when you find "the one" you might need to go for it after the first date! After many successful wins for my clients, I have established proven methods that can help you seal the deal in those competitive situations. Here's how:
PRE-APPROVAL |
EXPECTATIONS |
HOUSE HUNTING |
MAKE IT YOURS |
1. SO IMPORTANT!! Meet with your lender and get pre-approved before ever looking at a home. If you don't, you could risk losing out on your dream home. I have some great relationships with local lenders who can get you approved in less than an hour!
2. After your pre-approval is in place, we will discuss your wants and needs to buying the right home. This step is to get comfortable and know your expectations so that you can be confident & ready to buy.
3. I have several highly effective tools to keep you up to date on the market & new listings. These tools are real time and accurate and along with my assistance, takes a lot of the leg work off your plate.
4. By now, we should have found you "the one" and from here we go through a typical mortgage process (30 days +/-). Between myself, the lender, the title company and a few others we will make your home buying dreams a reality!
2. After your pre-approval is in place, we will discuss your wants and needs to buying the right home. This step is to get comfortable and know your expectations so that you can be confident & ready to buy.
3. I have several highly effective tools to keep you up to date on the market & new listings. These tools are real time and accurate and along with my assistance, takes a lot of the leg work off your plate.
4. By now, we should have found you "the one" and from here we go through a typical mortgage process (30 days +/-). Between myself, the lender, the title company and a few others we will make your home buying dreams a reality!
