Strike while the iron is hot!
I mean that you should make an Offer when you first visit a home that meets the two following conditions:
* Comes close to your “Wish List.” The “dream home” exists only in our minds. Smart first time buyers who search for a home by first creating a comprehensive wish list—and writing it down for constant review as you house hunt—can make a prompt decision on any given home. When a home hits most of the points on your list, it’s time to make an Offer.
* Matches Your Affordability Level. By knowing your “numbers” you’ll know when a given home matches your level of affordability for a monthly payment. It’s all about monthly payment. When a home matches what you can afford monthly, it’s time to make an Offer.
Make an Offer NOW; don’t go home and think about it!
Too many first time Buyers do that and they wind up losing out on a great house because of their tardiness.
Here in New York you are not committed to the transaction at the Offer-stage; not until you sign a contract of sale with your Attorney (usually about a week later) are you prevented from changing your mind.
Do you have questions? Click on ASK TREVOR and I’ll respond to any and all inquiries, even if you’re not buying a home in
New York State.
Check out my Trulia profile HERE
Check out my Zillow profile HERE
Find me on TWITTER: @tcurranmortgage
Happy House Hunting!