It’s not possible to know all that the coming year has in store for us. But, if you’re ambition is to make a move in real estate and buy a new home, preparedness is critical. Here are three qualities that can help make you a successful buyer in 2014.
You’ve heard it before. Buying a home is the largest financial purchase you will ever make. And, every level of progression along the way is important — from paperwork to viewings, offers, inspections and closing activities.
The best way to be successful throughout the process is to get organized early on. Talk to your bank and a mortgage professional to get your finances in order. Ask family and friends for their recommendations and referrals on professionals to work with, including REALTORS®, lawyers and inspectors. Be sure to also organize your current household and prepare for the big move.
There are plenty of factors that impact the real estate market. The area’s current and prospective job market, consumer confidence in the economy and upcoming development projects in a community can all play a part in influencing competition in the market, value of a home and the long-term return on your investment.
The best way to proceed in any market, and especially in 2014, is to be informed on all the variables. In today’s online world there are plenty of resources to help you, like howrealtorshelp.ca and nsrealtors.ca, but nothing can replace the expertise, knowledge and personal service your REALTOR® can offer.
There are a lot of considerations throughout the transaction of buying a house. If you’re looking now you will quickly find that there is also plenty of selection on the market.
So, the final most important quality for buyers to have in order to be successful in the coming year is to remain focused. Keep your list of wishes verses needs close at hand so you don’t lose sight. Your REALTOR® will help you remain true to your budget and objectives, but once you begin to dive into the selection of listings you will want to keep this list close on hand.
Viewing homes can become overwhelming, especially when there is plenty of selection on the market.
Stay focused on what’s most important, get informed early on, and remain organized and you can have a successful home buying experience in the New Year.
Jason Shadbolt, BMgt
As a Realtor, Builder and previous Mortgage Specialist, if you have questions, all you have to do is ask!