This is an important message is for all the potential home buyers out there!

Yes, the market is changing and you need all of the proper tools and knowledge to purchase now. Allow us to present you with the mistakes you could be making in your quest for a home. Then, call us to help!
CAY & Carly (858) 231-2722

Here are the most common mistakes home-buyers tend to make in this ever-challenging market:

Mistake#1 –
Using 3rd party search engines exclusively to find your dream home.
While tools like Zillow, Trulia and Redfin are great to help you determine areas, values and general information, you will most likely get outdated data and instead of using time efficiently, these searches can be a time-waster. Get the real-time, active listings from us who are on top of the market using cutting edge technology such as email alerts and campaigns to get you into a house that comes on the market before it goes off.

Mistake #2 -
Not feeling any urgency for getting loan approval.
This market now is swift moving and we are usually in multiple offers on any price range. Be sure to have your loan in place and all of your proof of funds, credit and any other pertinent information ready to go. We’ll advise you on the inside scoop on whether or not to make a higher offer than list price. And, be prepared to have to write back up loan applications when it comes to foreclosures. It’s standard operating procedure in most cases.

Mistake #3 -
Not understanding the true value of list price vs. sale price
We know it’s tempting to write offers lower than the list price as the past has presented that to be the case; but now the list price really has no effect on what the actual sale price could end up at. Go over the values with us, and get a feel for the truth on price. We are in tune with this, and the old rule of writing offers 10% below list price could end up with you losing the house. Don’t let that happen!

Mistake #4 -
Not defining a market area quickly and thoroughly
While it’s so tempting to search all areas on the various websites, you must define the location and we mean quick. With many buyers vying for the same house in this currrent “hot” market, make sure you are writing on homes that you really want to live in and that you have researched the schools, community amenities, proximity to freeways and attractions, etc., which fit your particular needs. This will all be worth it when you go to sell, and don’t settle if you don’t want it.

Mistake #5 -
Not making a long term strategy on how to stay on top of inventory.
There’s only one way to do that; work with a professional, top agent in your chosen area. Agents with other part-time jobs, even friends or family, may not have the time it really takes to be on top of the changing inventory. And, if they skip something you should have been aware of, it could make family gatherings super stressful. We are well-informed and a full service team with listings and buyers who can bounce information and other potential homes in your direction for a successful close.

We are a wealth of knowlege with San Diego’s North County Real Estate!!!

Contact us if you want more information or would like to be represented by a highly respected and professional Real Estate Team! CAY & Carly (858) 231-6722