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3 Tips for Relieving Pressure from the Pressure Buy

3 Tips for Relieving Pressure from the Pressure Buy

man on green fenceWith inventory in the greater Boston area at an all-time low and prices on the rise in one of the nation’s most overpriced housing markets, the time has never been better to sell your home. The outlook isn’t as rosy for buyers.

In a difficult market, buyers find that offers frequently get rejected on popular properties because the competition is too high. Taking the time to sleep on a decision, no matter how responsible it might seem, may lead to the loss of a great home.

At LinkingHouse Real Estate, we know what you are going through. Making a snap decision about an important, and expensive, investment can be frustrating and overwhelming for buyers.

If you want to give yourself the best chance of finding and buying the home of your dreams, take these few important steps before you start your search.

Know Your Must Haves

Every homebuyer has a list of ‘must have’ features. It may be the number of bedrooms and bathrooms, lot size, or basic square footage. Whatever your deal-breakers are, clarify them before you step into that first property. Not only will this help you and your Realtor streamline the search process, it will prevent you from making an emotional purchase.

You may fall in love with the look of a house and, in the moment, be willing to overlook its shortcomings. Figuring out what you need in a new home and how far you’re willing to negotiate beforehand will increase your confidence during the home search process.

Have Your Budget in Order

mortgage for new homeIn a tight seller’s market, a buyer should have mortgage pre-approval in hand first. Know what you’re willing to spend and how quickly you can get approved before you make your first offer. In today’s fast-paced market, you may not have the luxury of time. Get your financing in order, anticipate the hurdles you will face, and walk into a new home with pre-approval ready to give yourself the best odds of snagging your dream home.

Find the Right Realtor

real estate deal - shaking handsLocal Realtors know the market, neighborhood, and sometimes even the property in question. They may also have information about homes not currently listed.. They have developed relationships with other brokers in the area, giving them an edge in the negotiating process. The question many potential buyers and sellers ask is, “How do I find the right Realtor for me?”

LinkingHouse Real Estate takes the confusion out of choosing the perfect Realtor to help you on your buying or selling journey. Let LinkingHouse do the hard work of determining what you need in a Real Estate partner. The personalized matching process will ensure that the Realtor you find will do the job right the first time.

Mitra Farzani

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