Should You Set a Deadline for Buying a House?

by Jim Littlepage 11/24/2019

If possible, it helps to maintain a flexible deadline as you navigate the homebuying journey. Because if you have a tight deadline in place, you risk making a rash homebuying decision. And as a result, you may pay too much to acquire a home. Perhaps even worse, you risk purchasing a house that fails to match your expectations.

As you prepare to kick off your homebuying quest, it helps to plan ahead. Fortunately, there are lots of things you can do to streamline your home search and discover your ideal residence in no time at all.

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

1. Prepare Homebuying Criteria

If you know you want to buy a home, you should put together property buying criteria. That way, you can enter the housing market with a plan in hand to acquire your dream residence.

To establish homebuying criteria, think about where you want to reside. For instance, if you want a home close to parks and other family-friendly attractions, you should hone your house search accordingly. On the other hand, if you need a house that offers quick, easy access to family members, you should search for a home near these relatives.

Consider the features you want to find in your dream home, too. If you make a list of home must-haves, you can focus exclusively on houses that have the features you require.

2. Establish a Budget

Usually, it is beneficial to begin a home search with a mortgage at your disposal. If you get pre-approved for a mortgage, you will know how much you can spend on a house. Then, you can search for houses that won't force you to exceed your budget.

To obtain a mortgage, you should meet with a variety of banks and credit unions. These financial institutions can teach you everything you need to know about home financing. Plus, they can help you make an informed mortgage selection.

3. Hire a Real Estate Agent

With a real estate agent at your side, you should have no trouble performing a successful home search.

A real estate agent is devoted to homebuyers' success, and as such, will do what it takes to help you achieve your desired results. For instance, if you want to buy an affordable house in a small town, a real estate agent will make it simple for you to do just that. Or, if you want to purchase a home near your office in the city, a real estate agent will craft a custom homebuying plan so you can accomplish your goal.

Furthermore, a real estate agent takes the guesswork out of buying a house. If you ever have homebuying concerns or questions, a real estate agent will respond to them – without exception.

Want to enjoy a fast, stress-free homebuying experience? Take advantage of the aforementioned tips, and you may be better equipped than ever before to seamlessly navigate the homebuying journey.

About the Author
Author

Jim Littlepage

Jim Littlepage with Century 21 Curran & Oberski is the leading residential Realtor when trying to navigate the real estate market in Metro Detroit. Whether you’re trying to buy or sell a home within the Detroit Metropolitan area, contact him for the utmost in customer service.

Jim is a full-time real estate agent with more than 20 years of management and leadership experience. He is an exclusive association of the top eight percent of brokers within the real estate franchise. His extensive industry contacts and resources ensure you get the best price for your real estate purchase or sale.

First time homebuyers, relocations and step-up buyers are encouraged to contact Jim to find options quickly and close on a sale. He serves all of Detroit, but specializes in the neighborhoods of the Southeast Michigan area. He also handles property sales as far west as Ann Arbor. Jim works tirelessly to make sure your real estate transaction is completed as smoothly as possible.

For more real estate information in Southeast MI please contact Jim Littlepage today!