Hello from Our Newest Team Member! Hello Georgetown! I wanted take an opportunity say hello. Today marks my first month working as the Digital Marketing Executive and Community Outreach … Read More...
It goes without saying the real estate market in Georgetown is red hot! For example, as of Sunday, August 13, according to the Austin Board of Realtors MLS, there are 364 available listings in our community, with 584 homes under contract and 286 sold in the last 30 days. Talk about a fast moving market!
As many listings are there are right now, there are even more people looking for their own home sweet home in Georgetown, Texas. The market isn’t just red hot, it’s very competitive and if you want to come out on top, it’s vital you get pre-qualified.
1. Get Pre-Qualified Before You Start Searching
Getting pre-approved before you start house hunting is vital to locking in your dream house.
Finding your dream house isn’t as hard as buying your dream house. It’s easy to hop on to any number of real estate listing sights and start looking for houses. Even if you’re not pursuing the web for your next home, it’s not hard to find an open house during a quick drive through any number of our neighborhoods in Georgetown on the weekends.
But, just because you find the house you’ve always imagined, doesn’t mean you’ll end up living in that house. If you don’t have a pre-approval letter ready before you start your house hunting, you risk falling in love with a home, but losing it to another buyer who was pre-approved and one step ahead of you in the offer process.
Plus, getting pre-approved before you start searching will help your real estate agent feel more confident in your house hunt too. When I start working with a client who is pre-approved, I know they’re serious, I know they’re qualified and I know they’re ready to buy a home.
2. Internet Lenders vs. In-Person Lenders
When it comes to pre-qualification, there are an abundance of options. In our digital age, it’s increasingly popular to consult internet lenders. While internet lenders have their place in the home buying market, they aren’t for everyone.
If you’ve purchased multiple homes, are confident in your ability to navigate the pre-qualification and home buying process alone, and are a little tech savvy, then internet lenders are an option you can confidentially consider. But, for first-time homebuyers or people who are less confident in the process, local, in-person lenders are the best option.
Choosing to use an in-person lender doesn’t mean you’re limited in options either. From credit unions, to banks, to private mortgage companies, these individuals can help guide you through the process with confidence. Not sure where to start? Your realtor should be able to provide you with a list of lenders they have worked with and who can help you close the deal.
3. Choose a Realtor Who Is a Local Expert
Once you’ve gotten pre-approved and are ready to start serious house hunting, make sure you have the right realtor to help make your search effective and efficient. Sure, a website can tell you what’s for sale, but only a local real estate agent can show you where you’ll feel at home.
Your realtor should be familiar with the community where you’re searching, they should be able to answer any questions you have about the neighborhood. They should be passionate about helping you find a home that checks off most, if not all of the boxes on your wishlist.
As someone who has lived in Georgetown for two decades, and has spent 15 of those years helping people find the perfect place to call home in our community, I’d love to help you in your house hunting journey. I’m thrilled to call this place home, and I hope you will be too.
So, before you start combing the Internet for your new home, don’t forget to get pre-approved first, and give me a call.
Don’t just find a house, let me help you find your way home. Find out how on my website, www.annettemontgomery.com.