Regardless of how meticulously you’ve saved, planned and prepared to buy a home, it may feel like it’s never quite the right time. There are a host of external factors at play in this significant financial decision including the time of year you decide to purchase, fluctuations in your local housing market and uncertainty in the overall economy.
But don’t get discouraged. Here are five ways to know the time is right for you:
No. 1: Your Financial “House” is in Order
You’ve followed the advice of experts and spent a fair amount of time getting your financial “house” in order. You’ve saved for the down payment, monitored your credit and planned for all the extras you’ll need to not only close on a house, but to maintain it in the future.
No. 2: You’ve Done Your Research
You’ve got a solid financial bill of health – check. And now that you know what kind of house you can afford, you’ve searched and identified several neighborhoods that fit your lifestyle. You’re realistic and have created a long list of needs versus wants in the type of house you hope to buy.
You’ve also spent enough time online to know that buying a home is a complicated process. From submitting an offer – or multiple offers – to closing on the perfect place, you’re going to need help. And not just from anyone. But from a professional real estate agent who can navigate some tricky waters.
No. 3: You’re Working with a Professional Real Estate Agent
You’ve identified, interviewed and fallen in love with a reputable real estate agent who now knows you better and is ready to work for you. Thankfully, this agent will take care of all the intricacies of the process. Your job is to be clear about what you want and realistic as you work together with your agent to find that perfect home.
No. 4: You’re Ready to Exercise Patience
Buying a home is an exercise in patience. Because there are so many steps and so many parties involved in the process, you can expect to hit a few road bumps along the way. Your agent will help you through these but it does mean that you have to be flexible and ready for anything.
No. 5: Don’t Give Up!
If you’re like millions of people who dream of owning your own home, then you can’t give up. All of the due diligence, research, negotiating and anticipation will be worth it when you’ve settled in. Owning a house is not only a smart financial decision but can be one of the most rewarding milestones you’ll achieve in your lifetime.
Find your Realty ONE Group professional at: https://www.realtyonegroup.com/realestateagent/search