Anticipate and Overcome Homebuying Hurdles

by Chris Bohr 01/12/2020

The homebuying process may prove to be challenging, particularly for individuals who fail to anticipate potential problems. Lucky for you, we're here to help you identify and address homebuying hurdles before they escalate.

Now, let's take a look at three tips to ensure you can seamlessly anticipate and overcome homebuying hurdles.

1. Learn About the Housing Market

The real estate market can be complex. Fortunately, an informed homebuyer should have no trouble resolving potential problems early in the property buying journey.

Examine a wide range of housing market data – you'll be glad you did. Look at the prices of recently sold houses – as well as the prices of available residences – in your preferred cities and towns. With this housing market information, you'll be better equipped than ever before to differentiate a buyer's market from a seller's one and plan your homebuying journey accordingly.

2. Get Home Financing

If you intend to pursue a house, you likely will need a mortgage. Thankfully, banks and credit unions are available to help you obtain a mortgage in no time at all.

Ultimately, it helps to get pre-approved for a mortgage. If you enter the housing market with a mortgage in hand, you can narrow your house search to properties that fall within your price range. And as a result, you could speed up the process of finding and buying your dream house.

When you meet with lenders, don't hesitate to ask lots of questions, either. If you allocate time and resources to learn about all of your home financing options, you can determine exactly which option is right for you.

3. Employ a Real Estate Agent

There is no need to pursue a house on your own, regardless of whether you're an experienced or first-time property buyer. But if you employ a real estate agent, you can work with a homebuying expert who can help you make your homeownership dream come true.

A real estate agent understands what it takes to find a great house at an affordable price. He or she can teach you about the housing market and help you make informed decisions at each stage of the property buying journey. Perhaps best of all, a real estate agent can prepare you for potential homebuying hurdles and ensure you can quickly address these issues.

Let's not forget about the assistance that a real estate agent provides as the homebuying journey progresses as well. A real estate agent will set up home showings, help you weigh the pros and cons of different houses and ensure you can submit an offer to purchase your dream residence. And as you approach the date of your home closing, a real estate agent will offer tips and recommendations to ensure you can finalize your house purchase without delay.

Want to avoid homebuying hurdles? You're not alone. But with the aforementioned tips, you can identify and overcome various homebuying hurdles and effortlessly navigate the property buying journey.

About the Author
Author

Chris Bohr

Hello, My name is Chris Bohr, I’m a lifelong resident of the Tampa Bay Area, married to a wonderful woman, Michelle “Missy” Bohr and we have a two year old son who is the apple of my eye. I’m a graduate of Countryside High School in Clearwater, Florida, a Graduate of the University of Central Florida, and an active Realtor and Auctioneer. You are looking for someone to help you to either buy or sell a home, liquidate the contents of a home, or perhaps do it all. I can help! …and I want too. As a member of this great community I’ve seen quite a few changes around these parts and can help guide you through the mazes of the Real Estate World. In addition to the various licenses I’m also a proud member of the Upper Tampa Bay Chamber of Commerce, the Pinellas Realtor Organization, Florida Association of Realtors, National Association of Realtors, won several business awards and was even named the honorary Mayor of Palm Harbor many years ago. Our approach to helping you sell your home starts with a global reach to find those buyers who may be sitting in a cold basement somewhere just looking for a reason to come down to the beautiful sunshine state and stop shoveling snow. In addition to the global reach, I also include the local, “Hey look at me” method of marketing by making your home visible to more potential buyers than most properties on the market today. If you are looking to buy a home, I understand it can be very intimidating, I take the pains away and remind you that buying a home should be fun and if you put the right person on the job I can promise to do my best to walk you through the hurdles of home buying. My approach is founded on experience, of course the experience of buying and selling houses, but also going through the processes myself and recalling the times when it was the most nerve racking. I keep you informed, I answer my phone, and I actually check emails and respond in a professional and courteous manner…I guess you could call that the Golden Rule. What sets me apart from other Realtors is the ability to handle not only your purchase or sale, but also having the ability to liquidate the contents, or lighten your load in regards to contents through our licensed and reputable Estate Sale and Auction Company. I love it here in the Tampa Bay area, and you will too. Drop me a line or give me a call, and let’s get the ball rolling toward your next move! Remember, Bohr Sells Homes, in fact that’s my website. www.BohrSellsHomes.com Thank you, Chris