The Residential Real Estate Market is Hot!
Just last month, the median home listing lasted 38 days on the market before being sold. We saw multiple home sellers sign purchase contracts on the day their home was listed for sale and a number of buyers have been willing to offer the full list price for a home and/or offer to buy with no contingency to sell their existing home. They’re doing these things to prevent another prospective buyer from swooping in before the closing. If you are serious about buying, these four steps will help you get a jump on the competition:
Whether you’re buying your first house or your fifth, I will review the steps in the process and help determine what you can afford. Unlike the mortgage brokers out there looking to make a quick buck on a one-time transaction, Citizens State Bank is looking for life-long relationships. Our rates and fees are always competitive and we offer all the programs from FHA, VA, USDA, as well as conventional financing through Fannie Mae and Freddie Mac.
Focus your search by making a list of the must-have items versus the negotiable items. Decide what area you prefer to live in. Make a list of the cities, neighborhoods, or rural areas that fit your needs.
While you will likely start your search online, the majority of home buyers work with a real estate agent to complete the transaction. An experienced agent can save time, provide advice, help negotiate the purchase price, and prepare the purchase agreement.
Call Janette Wroge at 952-467-7510