Tips for Buying a Home this Spring
The spring real estate market is officially upon us. With a wider range of choice and selection of homes into, now is the time to find your dream home. As the premier agent for Fleetwood real estate, I would like to offer you the following tips to help you find that perfect home.
The Right Agent
The right real estate agent is so important when it comes to finding your home this spring. Make sure that your agent understands the community and neighbourhood that you are looking to buy in and also has a good grasp of the local real estate market. Other qualities that you should look for in your real estate agent include:
- Has great reviews and testimonials from other buyers.
- Has been a part of the selling or buying process of other similar properties in and around the area you are looking to buy.
- Is honest, hard-working, friendly and outgoing.
- Is able to network and has a good working relationship with other real estate agents – this will open up a wider selection of homes.
Before you begin house hunting this spring, it is a good idea to get pre-approved for a mortgage at your local bank or through a lender. By getting pre-approved, you will know your price range and what you can afford on the market.
The initial cost of your home and your monthly mortgage payment is only part of the true cost of a house. There are many other factors that you need to keep in mind, property taxes, utilities and perhaps maintenance fees as well.
The spring real estate market not only brings a wider range and choice of homes, it also brings more competition. Once you find a home that you are interested in, do not waste any time making an offer. Most often, these days, expect to pay full market value for your home because of the increased competition among buyers and a hot Surrey real estate market.
Here’s the Deal:
If you find your perfect home at a price you can afford, do not get hung up on paying a few dollars more. Over the course of your mortgage, a few thousand dollars will make very little difference.
Through your house hunting experience, it is important to stay focused on the details that really matter. Factors such as location, home layout and open concept, for example should be the overall focus and not details such as:
- Who is selling the house and why are they selling?
- Is this house a traditional sale, a foreclosure or a flip?
These are rather insignificant and unimportant factors that should not be part of the overall buying decision.
The spring real estate market offers you a wider selection of homes to choose from and is the time to find your perfect home. If you would like to see some of the exciting new properties that are available in the Fleetwood real estate market or are interested in living in the area, please contact me today.