Are you on a tight schedule for buying a new home? While it might seem stressful to accomplish such a momentous task in a specific timeframe, there are plenty of ways you can make sure the process goes as quickly as possible. With a focused search, accurate budget and expert insight, you can speed up your entire homebuying timeline.
Refine your home search criteria
You might think you know what you want in a new home, but taking the time to really pinpoint your must-haves will save you time. Think about everything – number of bedrooms, backyard size, architectural style, features and more. Once you’ve identified your dealbreakers, include things you want but are willing to sacrifice if necessary.
A careful consideration of your desired location is also hugely beneficial to your overall search experience. Research local amenities, public transportation, school districts and anything else important to you in a new place to live.
Get mortgage preapproval
Getting mortgage preapproval might seem like a long process itself, but completing it will speed up the sale process. Not only will preapproval give you a more accurate idea of how much home you can afford, it will make you a more attractive and trustworthy buyer in the market.
If you’re facing heavy competition in a seller’s market, it’s especially important to have financing lined up. You’ll show sellers you’re committed and able to follow through with the sale, which can give you the edge against other buyers.
Collaborate with your real estate agent
If you face a time crunch to purchase a house but don’t know how to start the homebuying journey, consult a real estate agent. Your agent can assist with every step of the journey and provide valuable advice to speed up the process. From finding the perfect home to negotiating an offer, the influence of a real estate professional is essential to success.
Ready to streamline the homebuying journey? Remembering to focus your search, define your budget and utilize your agent’s expertise are just some of the ways you can have a quicker and smoother homebuying process.