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In this market, it is best not to go in with any contingencies on being able to purchase a new home. It is so competitive right now that if you go and put an offer on a house with the contingency of selling your current home, the seller more than likely won’t even consider you. It is way better to figure out your temporary living situation between homes and to sell your current home before placing offers on new ones. Buying a new house is a big deal so prepare yourself and do things in the right order and always

The number one way to get your dream house when supply is at its lowest, is you have to be prepared! It is important to have everything you need in advance so we are able to act quickly and stay competitive. Dream homes are out there, but once they are there, they are not going to last long. It is no surprise that fully updated properties in a great neighborhood go quick. If you are prepared to wave inspection or for informational purposes only, offer over asking price, and you have enough cash because you are working with a great

Right now really is the best time to buy a property. Interest rates have been at a serious all-time low because of the very few houses on the market. You shouldn’t be fearful of the market right now because as long as you are working with great people, you are prepared, you have a great agent, and a great lender, that’s all you really need. They can put you in the comfortable position you are wanting to be in when buying a home. Buying a house doesn’t have to be hard, even if you don’t know what you’re looking for.

When there are so many buyers going after very few houses on the market, it is hard to make an offer that stands out from the rest. A trick to do this is by asking the seller for an inspection for INFORMATIONAL PURPOSES ONLY. This gives the peace of mind to the seller that you won’t require repairs or extra cash before the sale and ultimately net them more money at the end of the day. Home inspections for informational purposes only are very trendy right now, and it is great for sellers, and still can be great for buyers

Many of us would be surprised to know that the number of houses on the market in Hampton Roads VA was doubled last year in March than they were last month in March 2021. This gives us a glimpse of the inventory problem out there in the current Seller’s Market. As COVID restrictions start to lift, around Summertime people will start to list their homes on the market. Buyers be patient, and be ready!

Homeowners! It a Seller’s Market and you should know how this could benefit those of you who are wanting to move into your dream house soon. Not ready to purchase a house you want? Sell your current house in this Seller’s Market because you could get more money than you planned for because there are so many buyers right now. This could put you in a great financial situation to get your dream house this time next year.

It’s that season again! This is the best time to buy a new home because of tax season and now with many Americans having access to stimulus checks. With stimulus checks, tax returns, and super low interest rates – this could be the best time to buy! Even with a lower than normal number of homes on the market, learn how you can best position yourself to make the perfect offer. Renea Matter from Towne Mortgage joins me as we discuss all of the best options for first-time homebuyers in this market.