Analyze Your Homebuying Options

by HOMESEARCH Realty & Investments, LLC 01/05/2020

For those who want to buy a house, it helps to consider your options closely. That way, you can make an informed home purchase.

Now, let's take a look at three factors to consider as you prepare to conduct a home search:

1. The Local Housing Market

Assess the local housing market before you dive headfirst into a home search – you will be glad you did. If you analyze the housing market in towns and cities where you want to live, you can determine if a buyer's or seller's market is in place. Then, you can map out your homebuying journey accordingly.

To differentiate a buyer's market from a seller's market, you should find out how long recently sold houses were available before they were purchased. You also may want to track houses as soon as they become available and see how long it takes them to sell. If residences linger on the housing market for many weeks or months, the real estate sector likely favors buyers. Or, if houses are purchased shortly after they become available, the real estate sector may favor sellers.

2. Your Home Must-Haves

Think about the features you want to find in your dream house. This will help you hone your house search to residences that match your expectations.

Oftentimes, it helps to enter the housing market with a list of home must-haves. This list can be updated throughout your house search and may help you simplify your quest to find your dream residence.

As you craft a list of home must-haves, be sure to include any house amenities you simply cannot live without. For instance, if you require a home that boasts a state-of-the-art air-conditioning system, you can search for a residence that offers this amenity. On the other hand, if you need a home that is located just minutes from your office in the city, you can search for a house in or near the city itself.

3. Your Homebuying Budget

You may have only a finite amount of money to spend on a house. If you get pre-approved for a mortgage, you will know precisely how much money is at your disposal. You then can search for a house that corresponds to your budget.

To get pre-approved for a mortgage, you should meet with a variety of banks and credit unions. These financial institutions can teach you about your home financing options and help you select a mortgage that suits you perfectly.

Lastly, as you get set to embark on a house search, you may want to hire a real estate agent. This housing market professional can offer expert insights into the homebuying journey. Plus, he or she is ready to respond to your homebuying concerns, at any time.

If you want to streamline the process of finding and buying a wonderful residence, it helps to plan ahead for the homebuying journey. Thanks to the aforementioned tips, you can review your options and boost the likelihood of enjoying a successful homebuying experience.

About the Author
Author

HOMESEARCH Realty & Investments, LLC

Serving the Englewood, Rotonda West, Port Charlotte, North Port, Venice, Osprey, Nokomis and Sarasota, Florida Real Estate Market

Welcome! Bienvenue! Contact me anytime in English or French. Vous parlez Français? Contactez moi c'est ma langue maternelle!

Our Realtors services that go far beyond just listing and selling. Because each Real Estate transaction is unique, we simplify what could be a complex process into a smooth experience. We accomplish this by using the best professionals in multifaceted expertise, such as financial and public institutions, attorneys, appraisers, closing companies, insurance companies, and more. Whether you are Locally, National or Internationally located, our multilingual and multicultural Agents are focused to convey the specific knowledge needed for a successful investment. How do we make this possible for you? International networking, designated certifications and licenses, use of the latest technologies, experts forum, webinars, and much more.

Come and meet with us at our new Floridian style office, conveniently located in Englewood Florida, only a short distance away from Port Charlotte, Rotonda West, Venice and Sarasota. 

We look forward to meeting you soon,

Genevieve Poulain

     Broker/Owner

QUALIFICATIONS:

  • Geneviève Poulain is member of the National Association of Realtors since 1999
  • Member of local board EABOR Englewood Area Board or Realtor
  • Member of Englewood Chamber of Commerce
  • NAR-CIPS Certified International Property Specialist
  • NAR-TRC Transnational Referral Certified
  • NAR-SFR Short Sales & Foreclosure Certified
  • NAR-AHWDD At Home With Diversity designation
  • REALTOR of the Year 2010
  • Multi-Million Dollars Producer since 2000
  • CAM Community association management licensed in 2001

These skills added to her Associate Degree in computer science and a Bachelor’s Degree in Business Administration with a concentration in Marketing, are without any doubt the key of successful real estate career! 

Genevieve is Homesearch Broker of Record since 2008. In 2010 she become Broker/Owner.

In November 2012, she has decided to relocate her office to offer customers an easy access and a better exposure for walk in buyers. Her strategy is and has always been "a small team of experts to answer local, national and international customers needs"

Looking to buy a new home now? Looking for an experienced Homesearch agent to complete smoothly and successfully this road with you? Call Geneviève now to answer all your real estate questions, and show you the way to a stress free real estate experience.

SERVICES PROVIDED:

   * Listing and Selling properties

   * Renting: Short term & Long term

   * Property Management

   * Home Watching