You’ve decided it’s time to buy a home, found a great team of experts to help you, qualified for the perfect home loan for you, and now comes the fun part, finding a great home! It’s easy to be overwhelmed at this stage and jump quickly on an available home so you can start living your dream. The mortgage experts at EPM want you to go into this opportunity with your eyes open, so we developed a short list of questions you may want to ask before making that offer.
The real estate market is looking at what is called a seller’s market. That’s when inventory is low and pricing is creeping up because of heavy competition. There are often multiple offers on a single home, and homes are falling under contract within days and even hours of coming on the market. Just because it’s a seller’s market, doesn’t mean you should wait on that dream home. EPM is here with the hot takes on how to handle a seller’s market as a homebuyer.