Finding a home in today’s market can be somewhat tough. There’s not only the expense of moving to think about, but everything you’ll need to save and have ready for the sake of a deposit, and all the legal costs that come with it.
If you’ve been after your dream home for a while, you might have all that already, but what happens when you’re buying in a competitive market? How can you give yourself the best chance at bagging the home of your dreams? Here are four tips for finding your dream home in today’s competitive market.
Work with a good estate agent
A good estate agent is going to give you the best opportunity of acquiring the property of your dreams. However, with any estate agent, it’s important that they’re knowledgeable in the market and what you’re after as the buyer.
There’s nothing more frustrating than having time wasted, seeing properties that don’t fit the description of wants or needs that you’ve given to them prior. A good estate agent should listen to your needs and have the transparency to say whether or not there’s anything on the market that they could show you to match that description.
Sometimes, you could have the best estate agent, but the market isn’t that flush with properties that match your needs and wants. For those looking at the upper market of the property ladder, having a luxury real estate agent might be in your best interests.
Get yourself pre-approved for a mortgage
Getting pre-approved for a mortgage is definitely something you should try to acquire before you go shopping around for homes. After all, you don’t want to waste any buyer’s time by seeing a property that you can’t actually afford to purchase.
Instead, you should get a mortgage pre-approved so that when it comes to acquiring your dream home, you can do so knowing that you can make an offer and show proof of funds when the time is required.
Be pleasant when viewing the property where vendors are present
Whenever you’re viewing a property for the first time, consider how you act and behave in front of any vendors that might be present. For example, it might be in your best interests to be kind and pleasant with the vendors, as that might be the difference between them choosing your offer over another buyer’s, especially when buyers are matching their offers.
Be ready to act quickly
In order to maximise your chances of a successful sale, be ready to act quickly. From having the funds ready for exchange, to being able to move quickly or at a time that suits the vendors best.
Acting quickly will give you the best chance of securing the sale and moving into the home of your dreams.
Hopefully, with these tips, you’ll be able to find the home that fits all of your criteria, whatever that might look like.