Position Yourself to Buy

What You Can Do Now to Position Yourself to Buy a Home This Year

Everyone is adjusting to our new normal which in many cases means more time at home. Whether you are considering buying a home now or perhaps when this health crisis has come and gone, there are a couple of ways to position yourself to buy a home when you are ready.

Even thought there has been a pause in the U.S. economy, one thing the experts are saying is that while we’ll see a swift decline in economic activity in the second quarter, we’ll begin a sharp rebound in the second half of this year. According to John Burns Consulting:

“Historical analysis showed us that pandemics are usually V-shaped (sharp recessions that recover quickly enough to provide little damage to home prices), and some very cutting-edge search engine analysis by our Information Management team showed the current slowdown is playing out similarly thus far.”

Given this situation, if you’re thinking about buying a home this year using a home loan, the best thing you can do right now is use this time to get pre-approved for a mortgage, which you can do from the comfort of your home. Pre-approval will help you better understand how much you can afford so that you can confidently do the following two things when you’re ready to buy:

1. Gain a Competitive Advantage

Today’s low inventory, like we’ve seen recently and will continue to see, means homebuyers need every advantage they can get to make a strong offer and close the deal. Being pre-approved shows the sellers you’re serious about buying a home, which is always a plus in your corner.

2. Accelerate the Homebuying Process

Pre-approval can also speed-up the homebuying process so you can move faster when you’re ready to make an offer. Being ready to put your best foot forward when the time comes may be the leg-up you need to cross the finish line first and land the home of your dreams.

So, pre-approval is one of the best thing you can do right now to be in a stronger position yourself to buy a home when you’re ready. Let’s connect today to get the process started.

What Else Can You Do to Position Yourself to Buy a Home in Southwest Florida?

1. Community Research

From the safety of your home, you can start researching communities. If golf is your game, their are more than 150 different golf communities in our area. It can be a challenge to identify which community might be right for you and your family. Do you want to live in a community where the membership is included in the purchase of your home (bundled golf community)? Or would you prefer a private country club community with an up-front membership fee? Do you want a community with multiple golf courses? Are additional health and wellness amenities important to you?

2. Reach Out to a Real Estate Expert

Connect with a knowledgeable real estate professional to help you navigate the various communities. A Realtor will help you find the club, course, membership, amenities and location that will best match your lifestyle. Whether you are considering buying an existing property or new construction, a professional will account for every detail. Most importantly, we’ll manage all contract negotiations to ensure your real estate transaction is effortless from offer to closing.

Southwest Florida Real Estate Trends:

Naples Golf Guy Report –New

Luxury Golf Community Trends

Bottom Line:

If you’re looking for a focused and goal-oriented real estate representative in Naples, Bonita Springs, Estero or Fort Myers who will help you achieve your Real Estate needs, please reach out to us directly. Additionally, if you are looking for a golf community expert or you are considering buying or selling a home, a luxury home, vacation home, golf home or dream home, call us or text us at 239-370-0892 or email Matt at Matt@NaplesGolfGuy.com