Searching for a new home is an exciting process. It takes a strong effort to ensure you get the BEST home on the market. This includes Searching MLS, maintaining consistent awareness of new listings as they hit the market, and exploring homes for sale that may not be on the general market. Today’s buyer’s market is loaded with listings and there is a good chance your next home is available through MLS. Their is also a good chance the seller will be negotiable and you’ll get a great price with great terms. No matter what type of market it is there are always “hot” listing that sell right away. As a buyer you want to be prepared to act when the right house is available. The following will help your family’s home search get started off on the right foot!
The first steps take place prior to looking at any homes for sale. Just like in any sport you must prepare prior to the big game! The most important steps of preparation prior to looking at homes are:
- Establishing the driving distance limits to work (The mileage limit to work or family will create the circumference to search within)
- Comparing lenders (Ask around for referrals and check with 2 or 3 including at least one reputable mortgage broker)
- Establishing a lender (Get a prequal letter! Writing an offer without a pre-qualification letter weakens it significantly)
- Establishing price range (Your lender can help you establish your approximate monthly payment including taxes & insurance)
Now you’re ready to browse the market! Here are some tips.
- Search MLS (Well over 90% of property for sale is on the Multiple Listing Service)
- Establish a partnership with a buyer’s agent (A qualified buyer’s agent is the best tool available for searching and negotiating)
- Pick-up the local real estate publications (Before you call on one remember; Listing agents represent the seller and not you!)
- Have your buyer’s agent put you on an instant notification list for properties in your target area and price range (Be First!)
- Have your buyer’s agent explore Expired, Withdrawn, and Vacant rentals within your target area. (Motivated Sellers!)
- Search our Site (IE: 4 bedroom homes for sale Long Beach & Gulfport MS, beachfront lots for sale Biloxi MS, etc.)
For other buyer links and more information on the benefits of having a Buyer’s Agent click here. For lender referrals click contact us and we’ll email you our list of dependable professionals who are the most affordable we know of in the area
