Spring into a New Home

Posted on February 28, 2022

couple in front of modern home

Warmer weather makes spring the perfect time to find your new home. If you're making a move this year, don't wait to start shopping. Although the number of homes for sale is on the rise, inventory continues to be lower than average, especially for more affordable, entry-level, and mid-priced homes. With fewer homes to consider and concern over rising interest rates and prices, homebuyers are facing some stiff competition.

Here are a few things you can do to make the buying process smoother and get into the home of your dreams:

Get Preapproved

If you know exactly how much can spend, your bargaining position is stronger. It also help avoid overpaying in a bidding war since when to walk away.

Keep an Open Mind

Don't ignore listings because they're from a nontraditional seller. Foreclosures and short sales are a great way to get more house for your money.

Find an Expert

Real estate is all about location. An agent that specializes in your preferred neighborhood offers extra knowledge and connections.

Be Prepared to Pay List Price or More

With so much competition, trying to save a few thousand dollars could cost you the sale when there are multiple offers on the table.

At Southeast Financial, we offer a variety of mortgage loan programs to fit your needs.

Get Preapproved Today!

Loan approval, interest rate, and downpayment required based on creditworthiness, amount financed, and ability to repay. Other fees may be assessed, as applicable. Rates, terms, and conditions are subject to change.