Ignite FB Tracking PixelAnticipate and Overcome Homebuying Hurdles - Team Bowers

Anticipate and Overcome Homebuying Hurdles

by Team Bowers 02/09/2020

The homebuying process may prove to be challenging, particularly for individuals who fail to anticipate potential problems. Lucky for you, we're here to help you identify and address homebuying hurdles before they escalate.

Now, let's take a look at three tips to ensure you can seamlessly anticipate and overcome homebuying hurdles.

1. Learn About the Housing Market

The real estate market can be complex. Fortunately, an informed homebuyer should have no trouble resolving potential problems early in the property buying journey.

Examine a wide range of housing market data – you'll be glad you did. Look at the prices of recently sold houses – as well as the prices of available residences – in your preferred cities and towns. With this housing market information, you'll be better equipped than ever before to differentiate a buyer's market from a seller's one and plan your homebuying journey accordingly.

2. Get Home Financing

If you intend to pursue a house, you likely will need a mortgage. Thankfully, banks and credit unions are available to help you obtain a mortgage in no time at all.

Ultimately, it helps to get pre-approved for a mortgage. If you enter the housing market with a mortgage in hand, you can narrow your house search to properties that fall within your price range. And as a result, you could speed up the process of finding and buying your dream house.

When you meet with lenders, don't hesitate to ask lots of questions, either. If you allocate time and resources to learn about all of your home financing options, you can determine exactly which option is right for you.

3. Employ a Real Estate Agent

There is no need to pursue a house on your own, regardless of whether you're an experienced or first-time property buyer. But if you employ a real estate agent, you can work with a homebuying expert who can help you make your homeownership dream come true.

A real estate agent understands what it takes to find a great house at an affordable price. He or she can teach you about the housing market and help you make informed decisions at each stage of the property buying journey. Perhaps best of all, a real estate agent can prepare you for potential homebuying hurdles and ensure you can quickly address these issues.

Let's not forget about the assistance that a real estate agent provides as the homebuying journey progresses as well. A real estate agent will set up home showings, help you weigh the pros and cons of different houses and ensure you can submit an offer to purchase your dream residence. And as you approach the date of your home closing, a real estate agent will offer tips and recommendations to ensure you can finalize your house purchase without delay.

Want to avoid homebuying hurdles? You're not alone. But with the aforementioned tips, you can identify and overcome various homebuying hurdles and effortlessly navigate the property buying journey.

About the Author
Author

Team Bowers

1. Bowers Realty has the largest selection of “Hot Properties”.
Most buyers prefer to look at “Hot Properties” instead of” leftovers. “That’s why buyers want to have early access to new listings (“Hot Properties”) within a few hours (or minutes) after they “hit” the market. Since one out of every ten new listings in the Detroit Metro Area is a Bowers Realty listing, buyers with a Bowers Realty agent have first choice at selecting from the largest selection of “Hot Properties” available in the Detroit Metro Area.

 

2. Bowers Realty offers you a more experienced team.
For something as important and as complicated as purchasing a home, most buyers desire a company with an experienced team of Realtors to assist them. Bowers Realty has over 40 years in the real estate business.

 

3. Bowers Realty puts its customers first. YOU get first choice.
Bowers Realty’s policy requires all of its listings be offered to its customers FIRST? Bowers Realty agents are not allowed to purchase their listings for investment purposes until those li stings have been offered to our customers for at least three days. You’ve heard that complaint, “Well, all the hot properties are snapped up by the real estate people.” At Bowers Realty, YOU get the first choice.

  

4. Bowers Realty increases your odds of closing on time.
You have found your dream home, negotiated the contract, and are making plans to move. You have scheduled the movers, time off from work, family and friends to help you move, day ca re for the kids, and all the details. Now, after all your hard work, what are the odds of your contract closing on time? In the Detroit Metro Area market. your odds are less than 50/50 that your contract will close on time. If you are working with a Bowers Realty agent, your odds increase over 90%. Last year Bowers Realty closed 90% of 300 contracts ON TIME!

  

5. Bowers Realty depends on YOU, “The Satisfied Customer”.
Bowers Realty is owned and managed by Darralyn C. Bowers. Mrs. Bowers has made a substantial investment in Bowers Realty and our community. She makes sure her staff is well trained. She impresses on all her Realtors that their future success is dependent upon YOU, “The Satisfied Customer.”