Countdown To Home Buying By Greg & Lisa Doyle, J. Rockcliff Realtors

The market is hot! Inventory is low! If
you are planning to purchase a home
this summer, then check out this count
down list to make sure you are ready
to go!
#5: Be on your best behavior at
Open Houses. Everything you do and
say when in front of the listing agent
or their representative will inevitably
be shared with the seller. While nitpicking
the condition of a home is an
important part of removing inspection
contingencies, being vocal to the listing
agent about your property concerns is
a sure fire way to keep yourself from
getting into a contract in the first
place.
#4: Be prepared to act quickly.
While you should never rush to find a
home of your dreams, you need to
be ready to rush when you do find it.
The market is moving fast. Marketing
periods are very short. Gone are the
days when you can take your time to
decide if you want to throw your hat
in the ring and make an offer. If you
do not act quickly and start making
preparations right away you may
find yourself left out in the cold when
it comes time for your offer to be
accepted.
#3: Be ready to compete. Like it or
not, the market has returned to a
super heated buying environment.
Unless you are willing to purchase a
home in an outlying area or in need
of lots of repairs, you need to
prepare yourself to make multiple
offers and compete with other buyers
in the market. Pre-inspections and
waiving of buyer contingencies was
unthinkable just twenty months ago.
Now, it is becoming the norm.
#2: Temper your expectations.
Listing inventory is LOW. There are
not a whole lot of homes available.
This means that if you want to stick to
any sort of budget, you are not likely
going to get everything that you want
or you will have to be patient.
Having a clear understanding of what
your needs, wants and wishes will
help you take action when the right
home becomes available.
#1: Get Pre-approved. What is the
difference between pre-approved
and pre-qualified? Pre-approvals
are based off answers to specific
questions and from what you have
proven via documentation. In other
words, you are pre-approved when
your credit has been checked and
confirmed and your income, assets
and employment history have been
verified. Without a true preapproval
the best offer will not be
taken seriously.

Lisa Doyle, TheDoyleTeam.com, Greg Doyle, San Ramon Real Estate, Real Estate in San Ramon, Danville Homes, Bay Area Homes, Bay Area Short Sales, Bay Area Foreclosure, Short Sale in San Ramon, East Bay Real Estate Market, Hardship