01/21/2022
How long does it take to buy a house?
It depends! There are buyers who put an offer on the first house they see and buyers who look for months before finding a house they love- it all depends on the area you’re looking in and how much inventory there is (and yes inventory is low everywhere!), the price point you’re looking in (are there a lot of other buyers also looking in this price range?), and your needs/preferences (are you looking for something very specific or more open-minded?)
Here are some helpful tips to consider:
👉🏻 Give yourself time and be patient during your house search- due to increased demand and the fact that inventory is low everywhere, it’s taking longer to find the perfect home. You’ll want to start preparing when you’re still ~6+ months out from when you have to move (a typical closing is 30-45 days, and you will need additional time to get pre-approved, find a realtor, search, & get under contract). It may take seeing a lot of houses before finding one you want to write an offer on and it’s possible it will take a couple tries before your offer is accepted. The sooner you start, the less pressure you’ll feel and more comfortable your search will be.
👉🏻 Keep an open mind and embrace compromise. Flexibility is going to be a necessity in this market, so it is important to know what is truly a must have for your home and what is just an added bonus. Many buyers are looking for a move in ready-everything upgraded home, but thinking outside the box and being a little willing to put in some sweat equity yourself will open you up to those houses that may be a little less competitive. Remember your dealbreakers like school district, location, or specific layout that can’t be changed, but keep an open mind to other factors. Sometimes you don’t know what you’re looking for until you find it and you may surprise yourself at what you love!
Have faith that the right house will cross your path! As cliche as it sounds, what’s meant to be yours will be 😊
Message me with any real estate questions or if you want to plan out your home buying plan 🏡