Waypoint Realty Group LLC



Posted by Waypoint Realty Group LLC on 4/25/2019

Submitting a "fair" offer on your dream home may seem difficult, particularly for a first-time homebuyer. Lucky for you, we're here to help you determine what it takes to submit a fair offer on a home that increases the likelihood that a home seller will accept your proposal without delay.

Now, let's take a look at three tips to ensure that a first-time homebuyer can submit a fair offer on a house.

1. Study the Housing Market Closely

Are you preparing to submit an offer in a buyer's market or a seller's market? Ultimately, the current state of the housing market may help you define a fair proposal based on the sector's conditions.

For example, a buyer's market frequently includes an abundance of top-notch residences and a shortage of homebuyers. In this market, you may be able to submit an offer at or below a home seller's initial asking price and receive an instant "Yes."

On the other hand, a seller's market usually features a shortage of high-quality houses and an abundances of homebuyer. As such, you may need to submit an offer at or above a home seller's initial asking price if you want to secure your dream residence.

For first-time homebuyers who analyze the housing market closely, they should be able to differentiate between a buyer's market and a seller's market. That way, a first-time homebuyer can determine fair market value for a residence and submit an offer that corresponds to it.

2. Evaluate Your Homebuying Budget

There is no need to overspend for a house, regardless of the current housing market's conditions. But with a homebuying budget in hand, a first-time homebuyer can resist the urge to pay too much to acquire an outstanding residence.

Getting pre-approved for a mortgage often provides a great option for those who are uncertain about how much they can spend on a home. This budget will enable a homebuyer to narrow his or her home search based on the finances at his or her disposal.

Meet with a variety of banks and credit unions to learn about all of your mortgage options. Then, you can select a mortgage that matches your budget and move one step closer to acquiring a terrific residence.

3. Work with a Real Estate Agent

A real estate agent is a must-have for a first-time homebuyer, and for good reason. This housing market professional can teach you about the intricacies of buying a house and help you submit a fair offer on a residence any time you choose.

Furthermore, a real estate agent will guide you along each stage of the homebuying journey and help you overcome any potential pitfalls along the way. And if you ever have homebuying concerns or questions, a real estate agent is happy to respond to them at your convenience.

Take advantage of the aforementioned tips, and by doing so, a first-time homebuyer should have no trouble submitting a fair offer on a residence.




Categories: Uncategorized  


Posted by Waypoint Realty Group LLC on 2/7/2019

Creating an offer to purchase a home may require several minutes, hours or days – it all depends on the buyer. Fortunately, there are many things you can do to accelerate the process of putting together a homebuying proposal that will get a seller's attention. These include:

1. Study the Housing Market Closely

When it comes to preparing an offer to purchase a house, there is no need to leave anything to chance. If you analyze the real estate market closely, you can gain the housing sector insights you need to craft a competitive homebuying proposal.

Take a look at the prices of recently sold houses in your area, along with how long these residences were available before they sold. With this information in hand, you can determine whether the current housing market favors buyers or sellers and craft your offer to purchase accordingly.

Analyze a house's age and condition as well. By doing so, you can account for the state of a house as you put together an offer to purchase.

2. Maintain Flexibility

Although you may be in a hurry to acquire your dream residence, a seller may need time to find a new place to live. As such, you should maintain flexibility as you craft your offer to purchase and be ready to accommodate a seller's requests.

Ultimately, it is important for a home sale agreement to meet the needs of both a buyer and seller. If you consider the seller's perspective as you create an offer to purchase, you may be better equipped than ever before to craft a homebuying proposal that works well for both you and a seller.

3. Collaborate with a Real Estate Agent

Let's face it – creating an offer to purchase a house can be challenging, particularly for a buyer who is putting together a homebuying proposal for the first time. Lucky for you, real estate agents are available nationwide who can help you craft a competitive offer to purchase in no time at all.

A real estate agent is happy to provide you with homebuying insights you may struggle to obtain elsewhere. He or she can offer recommendations and suggestions as you prepare a homebuying proposal. Plus, a real estate agent can help you submit an offer to purchase and negotiate with a seller's agent on your behalf.

Let's not forget about the support a real estate agent provides after you submit an offer to purchase, either. If your homebuying proposal is approved, a real estate agent will help you finalize your house purchase. Or, if your offer to purchase is rejected, a real estate agent will help you reenter the housing market so you can discover your dream house. In the event a seller counters your offer to purchase, a real estate agent can help you determine the best course of action, too.

Ready to submit an offer to purchase your ideal residence? Use the aforementioned tips, and you should have no trouble submitting a competitive homebuying proposal and acquiring your dream house.





Posted by Waypoint Realty Group LLC on 12/20/2018

A buyer's market typically is a dream come true for those who want to find a high-quality and affordable house. In fact, there are many things you can do to capitalize on a buyer's market to ensure you can purchase a house that you'll be able to enjoy for years to come.

Now, let's take a look at three tips to help you get the most out of a buyer's market.

1. Narrow Your Home Search

Consider where you want to live and what you want to find in your dream home – you'll be glad you did. If you hone your house search, you can avoid wasting time and resources on homes that fail to meet your expectations.

As you evaluate potential home destinations, think about your day-to-day activities. For example, if you work in the city, you may want to search for houses that are in or near the city itself. On the other hand, if you have kids, you may want to explore residences near parks and other family-friendly attractions.

In addition, it often helps to make a list of home must-haves. Once you know what features you want in your dream home, you can conduct an in-depth search to discover a house that will suit you perfectly.

2. Get a Mortgage

A mortgage is crucial, particularly for individuals who want to take advantage of a buyer's market. Because if you enter the real estate market with a mortgage in hand, you can map out your home search based on your budget.

Getting pre-approved for a mortgage generally won't take long. Banks and credit unions are happy to teach you everything you need to know about home financing and help you select the right mortgage. Furthermore, these financial institutions employ mortgage specialists who can respond to your home financing concerns and queries.

3. Collaborate with a Real Estate Agent

If you want to streamline your search for a home in a buyer's market, you should work with an expert real estate agent. That way, you can receive homebuying tips and recommendations you may struggle to receive elsewhere.

A real estate agent understands what it takes to complete a successful house search in a buyer's market. As such, he or she will work with you to make your homeownership dream come true.

For instance, if you want to purchase a top-notch house as quickly as possible, a real estate agent can help you do just that. Or, if you want to buy a house at a low price, a real estate agent can help you discover a terrific residence that matches your pricing expectations.

As you get set to enter a buyer's market, it helps to prepare as much as you can. Thanks to the aforementioned tips, you can simplify your home pursuit in a buyer's market. As a result, you can find a wonderful residence that is sure to serve you well both now and in the future.




Categories: Uncategorized  


Posted by Waypoint Realty Group LLC on 12/13/2018

When it comes to buying a house, it usually pays to be flexible. Because if you take a flexible approach to the real estate market, you'll be open to checking out dozens of residences and can improve your chances of finding a house that matches or exceeds your expectations.

Although flexibility can play an important role in a successful homebuying journey, buyers sometimes struggle with stubbornness. Fortunately, we're here to help you become a flexible homebuyer who can achieve the best-possible results throughout the homebuying journey.

Now, let's take a look at three tips to help you become a flexible homebuyer.

1. Get Pre-Approved for a Mortgage

The real estate market constantly fluctuates, and a sector that favors buyers one day may favor sellers the next. However, if you get pre-approved for a mortgage, you can pounce at the opportunity to acquire your dream residence, regardless of when that opportunity presents itself.

Getting pre-approved for a mortgage may prove to be a quick, seamless process. Typically, you'll want to meet with local banks and credit unions and learn about a wide range of mortgage options. Once you have mortgage information, you can select a mortgage that corresponds to your finances.

Remember, pre-approval for a mortgage opens the door for a successful homebuying experience. It can help you establish a budget for your dream home by providing you with a set amount that you can spend on a residence. As a result, after you find an ideal house that falls within your price range, you'll have the flexibility to move quickly to acquire this residence.

2. Consider Houses in a Variety of Cities and Towns

Evaluate your homebuying goals – you'll be glad you did. If you understand where you want to live, you can explore houses in a variety of cities and towns that fit your criteria.

For example, if you want to live near family members or friends in a particular area, you can narrow your home search accordingly. Keep in mind that you don't necessarily have to live in the same city or town as these loved ones. Instead, you can search for houses in assorted cities and towns near your loved ones and ensure you're never too far away from them.

On the other hand, if you want to buy a home that is close to your office in the city, it may be worthwhile to consider houses both inside and outside the city itself. City living generally is more expensive than living in the suburbs, so you'll want to assess your finances closely before you buy a city house. Or, if you prefer small town living, you can always purchase a more affordable residence outside the city and take public transportation to work.

3. Collaborate with a Real Estate Agent

A real estate agent is happy to help you become a flexible homebuyer. In fact, this housing market professional will offer expert guidance during the homebuying journey. By doing so, a real estate agent will help you evaluate many houses and ensure that you can find one that suits you perfectly.

Ready to pursue your dream house? Consider the aforementioned tips, and you can enter the real estate market as a flexible homebuyer.




Categories: Uncategorized  


Posted by Waypoint Realty Group LLC on 11/15/2018

Generally, the length of the homebuying journey depends on the individual. In some instances, a buyer will purchase the first house that he or she views in-person. Or, in other cases, it may take a buyer several weeks or months to find a house that matches his or her expectations.

There is no need to rush the homebuying journey. But if you know what to expect when you pursue your dream house, you may be able to seamlessly navigate the property buying cycle.

Now, let's take a look at three tips to help you streamline the homebuying journey.

1. Establish Homebuying Criteria

If you know where you want to live and what you want to find in your ideal residence, you can tailor your house search accordingly. And as a result, you may be better equipped than other property buyers to discover a great house at an affordable price.

As you put together homebuying criteria, it is important to consider your long-term plans as well. For instance, if you enjoy city life and want to spend as much time as possible in the city, a house in the city may be the right choice for you. On the other hand, if you want to raise your family in a small town, you may want to hone your search to houses in small towns.

2. Get Pre-Approved for a Mortgage

A home purchase likely will require you to obtain a mortgage. Fortunately, banks and credit unions are available nationwide, and these financial institutions can help you get pre-approved for a mortgage.

Meet with several banks and credit unions so you can learn about all of the mortgage options at your disposal. Then, you can select a mortgage and enter the real estate market with a budget in hand.

3. Hire a Real Estate Agent

If you're on the lookout for your dream home, you may want to hire a real estate agent. This housing market professional can keep you up to date about new residences that become available in your preferred cities and towns – and much more.

Typically, a real estate agent will do whatever it takes to help you find and buy your dream home. He or she initially will learn about your homebuying goals and develop a custom homebuying strategy for you. Next, a real estate agent will set up home showings and keep you informed about open house events. And if you discover your ideal residence, a real estate agent will help you craft an aggressive offer to purchase this house.

Let's not forget about a real estate agent's homebuying expertise, either. If you ever have concerns or questions during the homebuying journey, a real estate agent can respond to them. That way, you can gain the insights you need to make an informed home purchase.

Simplify the homebuying journey – use the aforementioned tips, and you should have no trouble finding and acquiring your dream house.




Categories: Uncategorized  




Tags