Buying a home is a big deal! So, start off on the right foot and the process will go much smoother for you. Before you start seriously looking online or going out with us to tour homes, here are a few things you should do first.
- Set Your Budget & Get Preapproved. Inventory is very low in Kansas City, which tends to favor sellers. You need to determine a maximum spend amount that is comfortable to your budget and keep your search within the parameters you set. Contact your lender and get preapproved before you set out to look. You will want to have a preapproval ready. In this market, we are seeing multiple offer situations and homes sell quickly. This means you need to be prepared to move fast if you find a home you love. Keep in mind, contingencies might not be accepted if other offers are non-contingent.
- Set Your Search Area & Target Neighborhoods. Sit down and review all the areas of interest to you. What’s most important to your search? Do you want to live close to work? Are you trying to stay within school boundaries? Do you desire certain amenities nearby? Now, hold those items against your areas of interest. Use these points and others that are important to you to hone in on your favorite area or neighborhood.
- Outline Your Needs & Wants. We are talking about the home and property here. What items go on your wish list? And what items are deal-breakers? Once you determine needs vs. wants. Take the lists and do your best to prioritize. Be intentional about it and finalize a list you are confident in. If you find yourself in a situation where you need to make a decision about a home quickly, having this at the ready can help guide you through what can be an emotional process.
Rely on Experience When Buying a Home
It’s easy to get wrapped up in the excitement or the pressure you may feel when you find a home you’re interested in, particularly if you know other offers are on the table. Our job is to guide you through the process and work together to determine if it’s the right home, and if so, how to proceed with a solid offer. We have lots of experience negotiating multiple offer situations, and will work our hardest to put together and negotiate the best offer for you.
Call us at 913.402.2599 to get the ball moving. We are seeing lots of traffic, as buyers are already anxiously watching for new inventory to hit the market. Let’s get together and come up with a buying strategy, as well as a selling strategy if you have a home to sell, soon. We can manage most of the details for you, so you can stay focused on the fun part of finding your next home!