Starting the Home Search Too Early-San Antonio TX Home Buying Tips
I am writing this post because of an experience I just had as the listing agent with one of my listings for sale. The home is really getting a lot of attention which is just what the owner likes to see...as well as the listing agent...(moi).
Anyhoo...one potential buyers just loved the home...but...they cannot get out of their lease until the end of July which is 5 months away. No, my client isn't willing to wait that long to close on the home and we do not plan on having the listing on the market that long...(as I said, it's a great home and getting a ton of attention).
So this post is for those San Antonio TX home buyers out there who may be wanting to start their search for homes. Starting your San Antonio TX home search too soon may cause you some heartache and if you are not ABLE to buy a home for many months, you may want to just hold off for a little while.
I know you want to see what's out there for you and I get it, but what may inevitably happen is that you will find the home that you really, really want and you won't be able to get it. Now this is only for those buyers who are NOT able to purchase or have a time contingency such as a lease you cannot afford to get out of.
When you start your home search for the Greater San Antonio TX area, you should be prepared to take action on the home that you want immediately. The San Antonio TX Real Estate Market is shifting a bit towards the sellers market and inventory is getting low...additionally, you as the home buyer have a ton of competition out there right now as there are a ton of buyers looking.
Get (Pre) Approved with a lender to see how much home you qualify for.
And then, you can start the San Antonio TX area home search by looking online or having your Realtor® set up a home search for you in the MLS. This will give you an idea of what you are going to be looking for and you can save favorites and watch the market.
Now..if you are ready to buy, then by all means, go house hunting. However, if you know that you will definitely NOT be buying for 5 months or longer, then you may want to back plan with your Realtor® on when the best time to search will be. I typically will have my buyers wait maybe 90 days out....that may even be a bit soon. Home loans take about 30-45 days from contract (when you place an offer and get it accepted) to closing, (when you sign the paperwork and money changes hands and you own the home).
If you are leasing a home or an apartment and your lease ends further out, then you may be able to talk to your property manager about getting out of the lease earlier. Sometimes this will cost you some upfront rent money, but it could be worth it if you absolutely know that you have found the San Antonio TX area home of your dreams.
Truly, finding your home in San Antonio TX is a matter of timing. When you hit the market looking for a home, you really need to be ready and able to buy and it's ok if you need to wait for a couple of months. I promise, we will find your San Antonio TX home at just the right time!
Brenda Mullen – San Antonio Texas Real Estate Professional
Selling a San Antonio Texas area home involves many steps and having an experienced San Antonio Texas Real Estate Agent by your side will make the transaction run a lot smoother. I would love to be your San Antonio Texas Area Real Estate Professional! I assist both buyers and sellers in the San Antonio Texas area with either the purchase and or sale of residential real estate.
As an Accredited Buyer’s Agent, I have received special training to guide and educate you through the entire home buying process. From start to finish, I listen to your needs and desires in what you would like and take the information you give me to find you home.
As your San Antonio Texas listing agent I am well versed on the local San Antonio Texas area Real Estate Market. You can expect personalized service that includes a detailed consultation on how to best position your home to be competitive in today’s market with an in depth comparative market analysis, and advice on staging. I use the latest and most up-to-date marketing methods to get your home in front of as many buyers as possible. Being your San Antonio Texas area Realtor® not only involves just finding the home or selling the home, but being your guide, negotiator, advisor and advocate and making sure that your needs and goals are met. Being your San Antonio Texas area Realtor® is one of my truest passions, and “Helping You Find Home” is my number one priority.
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