Are You Prepared to Buy?

Ten years ago, when my wife and I were house hunting here on the South Shore, we were doing the usual MLS watch and hitting all the open houses. Like many experienced buyers, we started our search in the fall and watched the market over the winter so we would be up to speed when the spring market came alive. Then one March weekend, we walked into an open house, and immediately said, “This is it! THIS is THE ONE!” Now the fun begins, that is if you think scrambling and running around like the proverbial chicken with your head cut off is fun.

So, this year, when you find “THE ONE” will you be ready? In this uber competitive market, you need every advantage possible to make your offer to stand out in the crowd. And trust me, there will be a crowd.

Here are some of the questions to ask yourself now:

• Have you reviewed the offering process with your real estate broker?
• Do you have your pre-approval letter ready to go?
• Do you have your down payment ready and available in cash?
• If you are making a no mortgage financing contingency offer, do you have your proof of funds documentation ready?
• Have you talked with a reputable lender?
• Do you know what type of mortgage best fits your needs?
• Do you have an inspector lined up?
• Have you selected, met with, and talked with an attorney who will handle the legal work?

Buying a house is one of the largest investments most people will ever make in their life. And it is a complicated process. You need a professional, not a friend or associate, to guide you through all the intricacies of the home buying process. I have been there and done that. Let me put my twenty years of experience in the real estate market to work for you. 

ARE YOU READY?