We are one month into the second quarter of 2011. The second quarter is typically one of the busiest times of year for real estate. Buyers who have been taking the winter off are making their move. Here’s a quick refresher for home buyers – first timers to seasoned vets.
15 things to remember if you’re buying a home this fall
- An exclusive buyer’s agent costs you nothing. You might as well use one.
- Every agent is different. Take the time to find one that works for you.
- Your buyer’s agent will ensure that you know of everything in your price range that is on the market the minute that it hits the market.
- Current market information is essential to make an informed and confident purchase.
- Get pre-approved at the bank or by a mortgage broker before you start shopping. This will save you effort and heart ache down the road.
- Print off a copy of your credit score before you start talking to banks. You do not want them all to do a credit check on you. It will adversely affect your credit score.
- Do your homework online– the more knowledge you have, the more confident you will be.
- A property is worth what a willing buyer agrees to pay a willing seller, end of story.
- What you think you may want at the beginning of your search may be nothing like what you actually end up finally purchase. Your criteria will change. This is normal.
- Interest rates are still lower than at any point in the past 30 years. This will not last forever. Take advantage. It will save you tens of thousands of dollars over the next few years.
- When buying your first property you will be bombarded with opinions. All of them are valid and invalid at the same time. Focus on what is important to you and price that you are willing to pay for those things.
- There are no bad questions. Any time you are wondering what’s going on or what is going to happen, ask your Realtor.
- What you heard from somebody about a property or a transaction may be true, but it is a good idea not to rely on the information. Verify everything.
- Your buyer’s agent will book all of your showings oversee your entire transactions.
- Your buyer’s agent is on your team. He or she is legally obligated to look out for your best interests.
The moral of the story: Your buyer’s agent will make your transaction is a smooth as possible. All that and it costs you nothing. If you are thinking at all about buying real estate in Dawson Creek this fall, use the services of an exclusive buyer’s agent. You have nothing to lose.