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5 Ways to Prepare to Buy or Sell Later

Posted by admin on July 10, 2020
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5 Ways to Prepare to Buy or Sell Later

Summer is usually the perfect time to buy or sell a home. And for some people, it still is. After all, there are few things more welcoming than warm weather and fresh flowers blooming in the front yard.

But maybe you’re waiting to enter the market. That’s okay too. There are plenty of ways you can use this time to your advantage.

If you’re considering buying or selling later this year or next, here are five things you can do in the meantime.

Get your finances in order. Take stock of your accounts, assets, and debts, and pull your free credit report. Make sure you’re in good standing to qualify for a loan and make a down payment.

Watch the market. Keep an eye on local home sales where you’re considering buying. This can give you an idea of what you might spend on a home — or how you should price yours when you list it.

Save up for moving expenses. Moving isn’t cheap — especially if you’re going a far distance. Start saving for your movers, trucks, packing supplies, and more.

Talk to a mortgage lender. Start zeroing in on which lender you might want to go with, and make sure you understand the requirements you’ll need to meet to get a loan. You may also want to get pre-approved before beginning your home search.

Prioritize your needs. If spending more time at home has made you reconsider your living space, take the time to figure out exactly what you’re looking for in a new home. Then we can discuss your options together.

But if you are ready to get into the market, there may be some benefit to buying now. Interest rates are STILL at an all-time low, giving you more buying power.

If you are considering buying or selling a home, get in touch today. Let’s see if it makes sense for you.

*FIND OUT WHAT YOUR HOME IS WORTH HERE

I look forward to connecting with you soon! – Candi

 

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