Tips for Buying a Home this Spring

With a larger selection of homes available, the spring real estate market is the time to finally buy your dream home.  As the premier real estate agent of homes for sale in Brea, I would like to offer you the following tips to help you in your spring house hunting experience.

The Right Real Estate Agent

The right real estate agent can make all the difference in the world when it comes to finding your dream home.  Make sure that the agent that you use knows the local area, community and neighborhoods and has a firm understanding of the local real estate market.  Other qualities to look for in your real estate agent include:

  • Hard-working, honest, friendly and reliable.
  • Has been involved with other sales in the community and neighborhood in which you are looking to buy.
  • Has a great track record and has many positive testimonials about past sales.
  • Is well liked by other real estate agents and is able to network – this will open up a wider selection of homes for you to view.

The Importance of a Pre-approval

Prior to beginning your house hunt, it is extremely important that you get a pre-approved mortgage from either a local bank or a lender.  A pre-approved mortgage will determine your price range and ultimately what home you can afford.

Remember:

Your monthly mortgage payment is only part of the true cost of owning a home.  Other factors to keep in mind include utilities, property taxes and maintenance fees.  There is nothing more stressful than not being able to afford these monthly costs.

Preparation is Key

The traditional spring real estate market not only brings a wider selection of homes, it also brings increased competition among potential buyers, so be prepared to pay full market value for your home.  Once you have found a home that meets all of your criteria, be prepared to move fast and put in an offer.  The more prepared you are and the faster you move, the better chance you have of getting your home.

Here’s the Deal:

If you find your perfect home at a price you can afford, do not get caught up on whether you have paid a few thousand dollars more for it.  Over the course of your mortgage, a few extra dollars won’t matter in the overall scheme of things.

Keep Focused

Make sure that you remain focused on what is important to you throughout the entire buying process.  Factors such as location or the amount of bedrooms or square footage should be your focal point.  Do not get caught up in details such as:

  • Who is selling the home and why are they selling?
  • Is this a traditional sale, a flip or a foreclosure?

These details are rather insignificant and should never influence your home buying decisions.

If you have been thinking about getting into the real estate market, now is the time.  With more choice and selection of homes available, spring is the time to find your perfect home.  If you would like to see some of the new exciting homes that are for sale in Brea or are interested in moving to the area, please contact me today.

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