When is a Good Time to Buy?

When’s The Best Time to Buy a Home 

Who wouldn’t want to have their own homes?  It’s fulfilling, the feeling is undeniably great. Unfortunately, it’s not that easy. The process of finding one is hard, and purchasing one is even harder.

A lot of real estate experts would say that this is the best time to purchase a new home. They have a point actually. If you are investing, then I could say that this is also a good time to bargain.  As of the moment, the real estate market has a huge inventory and the mortgage rates are relatively low.

The experts can even provide us with statistics (which many of us can’t understand). Yes, it is good that you try to seek their GENERAL opinion about the real estate market. However, you have to look for a real estate expert that can give you an opinion based on YOUR ability to purchase a property. It is still your personal choice.

Call us now and let’s assess if you are a perfect candidate for having a new home.

For now, you might want to use this article as a guide to know if this is your best time to buy a home.

        1. You Found your Dream Home.

I have to admit, finding a Dream Home rarely happens. Out of a thousand options, there will be less than 10 that will fit your taste.  So if you think you have found yours, you should consider buying it, provided that you have the means of course.

We have different dream homes. Some of us would like to live in a huge house while others are fine with a bungalow. Some people would like to have a large lawn while others are looking for smaller lots. It really depends on your personal preference. Again, if you have found yours, better inquire about it. You wouldn’t want to miss the chance of living in your dream house, would you? Who knows if your dream home is very affordable?

Do you think it would take you years to find that perfect home? Call us now and we’ll help you. We have a lot of listings and I’m sure that we can find your Dream Home in no time.

         2. The Location is Perfect.

You should also consider the location of your Dream Home. Is it near schools? Is transportation easy? Is it near commercial establishments? Even if you have the prettiest house, it wouldn’t be nice if you are far from civilization, unless you are looking for a sanctuary. You need to be practical. Look for a location where you can easily access everything.

In our opinion, Arizona is one of the best places to live in. It has the best schools, the coolest malls and you can do a lot of great activities within the area. 

           3. Your Financial Status is Good.

This is an obvious one. If you are looking for a home, make sure that your finances are fine. Also, try to foresee your future financial status. Do you think your current work or salary can manage to pay the monthly amortization and other related fees of your home?

Don’t buy something out of impulse. You need to know if you can really afford it. You might want to assess your monthly income. Never risk it. If you have no idea if you are qualified for a loan, you can ask an expert to do it for you.

           4. Your Credit Record is Clean. 

You don’t have to pay for your new home in full blast. Only few people can manage to pay in straight cash and that’s fine. If your credit record is clean, there’s a huge chance that your loan application will get approved. There are a lot of banks and lenders that offer housing loans. You will just need to find which one has the best terms.

Call us now and we’ll negotiate on your behalf. We’ll help you find the best payment schemes.