Home Buyers: Lock and Load!
MIBOR just released market numbers for June, and it’s pretty much good news. Sales up 5% over last June. Median average sale price up 3%. Buyers getting an average $6000 discount off the original asking price.
But the amount of available supply continues to shrink. And that means home buyers need to put themselves in the best possible position to get what they want. Here’s a few tips:
- Get pre-qualified for your mortgage. This is true even if you’ve been through this before. Need a name— well, I know a guy!
- Figure out what you want (area, house size, # of bedrooms/baths, and amenities). Make two lists- what you must have and what you’d like to have. S. You may have to look at the inside of a half-dozen houses to fully figure this out!
- And when you finally find the house you’re looking for— be ready mentally to pull the trigger.
“I work harder to make good things happen!” -Bob