If you’re hoping to secure a fantastic deal in real estate during 2017, then you couldn’t have picked a better time to enter the market. Fortunately, there are plenty of opportunities for the smart and savvy investor, and even if you’re a first-time buyer, you should still be able to win some great deals if you know where to look and how to negotiate.
In this guide, we’re going to give you a few useful points on how to take advantage of a fast-paced real estate market in 2017, so let’s take a closer look.
Tip 1. Get pre-approval
There’s no denying that you’ll have a much easier time on the real estate market as a first-time buyer if you already have pre-approval for your home loan. As you’d expect, this makes you a much more promising prospect for a seller, and you may find that you’re able to leapfrog past other potential buyers when you’re the only person with a pre-approval to sweeten the deal.
Tip 2. Hire a home inspector
Unless you have extensive knowledge of house buying, then it’s often worth spending a few hundred dollars on a skilled and experienced home inspector who will be able to spot any issues with a property and let you know before it’s too late.
Of course, this can often give you the upper hand in negotiations as well, especially if you’re able to spot a noteworthy issue with the property that would affect the overall asking price. If the buyer is in a hurry to sell, then this can give you the added leverage you need to secure yourself an excellent bargain while still being able to enjoy the home you’ve always wanted.
Overall, the real estate dayton market in 2017 has many opportunities to offer you if you know how to look for them.