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The Hildreth Group
Cliff Hildreth, The Hildreth GroupPhone: (661) 904-1194
Email: [email protected]

Get a Leg Up on the Property Buying Competition

by Cliff Hildreth 09/28/2020

If you are in hot pursuit of your dream home, it is important to do everything you can to gain a leg up on the competition. That way, you can acquire your ideal residence as quickly as possible.

Now, let's take a look at three tips to help you gain a competitive advantage over your homebuying rivals.

1. Keep Track of the Local Housing Market

The top houses sell immediately, and as such, you may need to act fast to find and purchase your dream residence. If you keep track of the local housing market, however, you will be better equipped than other buyers to instantly acquire a house that suits you perfectly.

Monitor the housing market in cities and towns where you want to reside. Then, if you find a house you may want to buy, don't hesitate to set up a showing. And if you like what you see, you should submit a competitive offer to purchase this residence.

2. Get Your Finances in Order

Entering the housing market with pre-approval for a mortgage usually is a good idea. Because if you know how much you can spend on a residence, you can tailor your house search accordingly.

To get pre-approved for a mortgage, you should meet with a variety of banks and credit unions. Find out what mortgage options are available, and learn how different types of home financing work. Next, you can select a mortgage that enables you to begin your house search with a budget in hand.

Of course, if you have any concerns or questions about home financing, you should address them right away. If you speak with mortgage specialists at a bank or credit union, you can get the insights you need to make an informed mortgage selection.

3. Employ a Real Estate Agent

A real estate agent is a difference-maker, particularly for a homebuyer who is shopping for a residence in a fierce housing market. Typically, a real estate agent will work with a buyer to craft an in-depth property buying strategy. A real estate agent and homebuyer then will work together to put this plan into action and streamline the property buying journey.

In addition, a real estate agent offers guidance at each stage of the homebuying cycle. He or she first will help you hone your home search to a select group of cities and towns. A real estate agent next will keep you informed about houses that become available that match your homebuying criteria. If you find a house you want to purchase, a real estate agent will help you submit an aggressive property buying proposal. And if your offer to buy a home is accepted, a real estate agent will make it simple for you to finalize your house purchase.

As you get ready to pursue your dream residence, you should devote plenty of time and resources to prepare. Thanks to the aforementioned tips, you can prep for the homebuying journey, gain a competitive advantage over rival buyers and accelerate your house search.

About the Author
Author

Cliff Hildreth

Hi, I’m Cliff Hildreth, Broker/Owner of The Hildreth Group In Los Angeles, Ca.

If you are a buyer or seller who lives near the Santa Clarita Valley, San Fernando Valley or Los Angeles Area or if you are looking to relocate to our area, I am happy to assist you! Real estate is one of the largest and most exciting investments one can make. I am here to make sure that your process is a fun and rewarding one!  I am a luxury specialist in our community and I would be happy to help you with all of your real estate needs!

Throughout my website you will find many useful tools to assist with buying or selling a home. I am dedicated to providing the finest service available, and my website can be a great resource for you to use free! You can check out my Video Gallery for useful information about both buying and selling a home!

Whether you are in the market to buy a new home or sell your existing home, I will take the time to listen to your needs and desires to help you fulfill your goals. 

I continually work with people throughout Los Angeles and Orange County.

Let me help you attain your real estate goals!

All the best.