Expert Advice, Part 20: Time to Start Shopping

When you finally find yourself in the financial position to begin searching for a new home, it can be tempting to start your hunt right away. Depending on which time of year it is, however, you may be best served by waiting until the perfect time to kickstart your home-buying journey.

Knowing when to buy will help you establish a home buying timeline in Alpine, TX that can make a typically complex process run much more smoothly.

The best time to buy

Most real estate experts believe that the best time to buy a new home is in the fall and winter when market competition is at its lowest, and sellers are at their most anxious. To some extent, that’s true. That said, if you have the financial means to begin shopping around for a new home, then you shouldn’t wait.

Of course, the key to finding the best deal on your dream home is to exercise patience. Don’t commit to a property unless it’s perfect for your needs. Mediocre homes are a dime a dozen, but the right house is something you’ll need to wait to find.

Once you begin your search…

While you’re looking for a new home in Alpine, TX, here’s a house hunting guide with some strategies intended to help you avoid mistakes:

  • Get pre-approved for a mortgage: Before you begin your search in earnest, talk to a mortgage broker. Getting pre-approved for a mortgage accomplishes two tasks. Sellers are more inclined to sell their home to a buyer who already has a line of credit, and it sets the price range for your house hunt.
  • Use a professional: Don’t try to find a home yourself. No matter where you are in the country, the home-buying market is tricky. That’s why it’s crucial to find a real estate agent you can trust to offer helpful tips on your journey.
  • Keep your emotions in check: It’s easy to get drawn into an emotional whirlwind when you find the home of your dreams. After all, it’s the place you’ll be living for years to come. Don’t let those feelings lure you into bidding too quickly or paying more money than the home is worth.
  • Be realistic: Above all, make sure that you’re staying pragmatic about your budget. You might think that your income will eventually rise to meet the level of a mortgage, but that’s not true as often as you’d hope. Ultimately, if you stay true to your financial needs, you’ll find yourself much more comfortable in your new house than if you’d overpaid.

Ultimately, if you keep a level head and follow the advice of a professional, you’ll be just fine.

Your home-buying ally

The very best thing you can do to pin down your home buying timeline in Alpine, TX is enlisting the help of a seasoned real estate veteran. Throughout southern Texas, the best option for home buyers is Carpenter Real Estate. For more than half a century, our knowledgeable, courteous staff has provided commercial, residential and agricultural clients with the very best in real estate service.

We’re proud to help you find the perfect piece of property. Give us a call today to find out more!