Wednesday, March 6, 2013

Getting a Head Start in Today's Red Hot Real Estate Market

There is no denying that today's Real Estate Market is red hot.  Interest rates are low, rents are  high, confidence is up, and inventory is scarce. Want to get in on the game? Here are a few tips to get you started:


Do your research. To see what you are up against, ask your broker for a detailed breakdown on exactly the type of property you are looking for.  Knowing the stats and prices will have you ready to negotiate.

Check your credit history. Interest rates are low, but the loan process is very thorough.The better your credit score, the more money you will save on your loan.  Make sure your record is flawless.

Get pre-arpproved. In such a rabid market, you will want to be ready to make an offer on that house you love.  A pre-approval will need to go along with that in order for Sellers to take it seriously.


Stage ahead of time. An open house may be the first selling event at your home, but don't forget that the pictures are what peaks interest in your home and starts the whole selling process.

Touch up or update paint. New paint is the most cost effective way to freshen up a room.  Get rid of all the scuff and dirt marks in order to leave spaces feeling fresh and clean.

Ditch the personal effects. It is important for buyers to feel comfortable, not like they are invading someone's personal space. Your best bet is to ditch the wedding and graduation photos.  You can, however, leave out a few candids to keep your home feeling warm and friendly.

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