Tips For Davis Home Buyers
Looking for the perfect home for sale in Davis? There are times when house hunting might seem frustrating. Will you ever find the house that's just right for you? Here are some things you can do to increase your odds of finding the home you seek.. And once you find the house that fits you "just-right", these tips will make the purchase go smoothly.
Get your finances in order.
Getting pre-qualified by a lender means that you can be comfortable with exactly hoow much house you can afford. You can narrow your focus and find the home with all the features you want, but still afford. You won't waste time looking at homes, just to find out that you can't put the deal together later on. It's vital to have all the financial work completed up front.
Get your down payment in hand so you can act quickly if necessary. Make a loan application and get pre-approved for a mortgage. When your real estate agent presents your offer with a pre-approval letter from your lender, you'll have a solid advantage over other buyers.
Even though 95 percent loans are common, the transactions are riskier. That's why sellers and listing agents are skeptical of buyers who put down less than 10 percent. So make arrangements to show the ability to put down at least 10 percent.
Commit to an experienced real estate agent.
Find an active, professional that specializes in the area where you want to buy. Many sales today occur because the agent brings buyers and sellers together on unlisted properties. Coldwell Banker in Davis lists more homes for sale than any other Davis Realtor, that’s why many times I hear about homes coming on the market before they hit the MLS.
You're at a real disadvantage if you work with an out-of-area agent. Such agents may not be aware ofnew listings on the market. You need to work with someone who is working with other agents in the area on a daily basis to get full exposure to the latest listings.
Know what your priorities are in a home.
Carefully analyze your requirements for a home. Write down what you want and need and put the essential features at the top of the list. Seeing a number of homes will help you determine your housing requirements. No home is perfect and it's unrealistic to expect to find all the features you desire in one property. You may have to compromise.
Communication is Key
Communication between Agent and Buyer is key. I will make sure to ask and re-confirm what your wishes and priorities are, so that i can help in the search for your dream home, and so as not to waste your time by showing you homes that don't fit your needs. We will commmunicate by e-mail, fax, phone, and most important of all, in-person. The better i know your needs, the better i can put the resources of Coldwell Banker to work for you to find the home you'll love.
Make your offer as clean as possible.
When we write up your purchase agreement, include as few contingencies as possible. You want the offer to excite the seller and the listing agent and still protect yourself. If you own another home and need to sell it, i will help you coordinate the sale of your existing home with this purchase offer to insure a smooth transition. Review a blank copy of the purchase agreement ahead of time, so you'll be familiar with the forms. Interview home inspectors and decide whom you want to use. Then, you'll be ready to complete the physical inspection within a few days of acceptance. A straightforward offer to purchase will impress the sellers and their agent, and you will find yourself as a new homeowner!
SUMMARY
The more flexible you are in your search criteria, the easier it will be to find a suitable home. If you're not able to find exactly what you want, be prepared to compromise. A good real estate agent will challenge your priorities occasionally to see if they have changed. There are some home features that sound like "must-haves" when you start out, but change to "don't need" later on. Buying a home is a large commitment, of time, money, and sometimes emotion. This is afterall, likely to be a place where you will spend many years of your life. I am here to help you every step of the way, to make it a smooth, pleasant transaction.
If you are ready to find your home in Davis, just call me today and ....... Prepare To Be Moved.