Bozeman Montana Real Estate and Community News

March 26, 2021

Should I Wait to Buy Until Spring or Summer?

Here’s how to decide if you should buy a home now or wait for summer.

 

Historically, spring and summer are when buyers are most active in the market. When the weather gets better outside, people are more apt to move.

 

The right decision when it comes to buying a home depends on your situation. If you already have your financial ducks in a row, now could be a great time to buy because of low interest rates. 

 


It can be hectic to move with kids during the school year.


 

If you have school-aged children, you may want to consider waiting until after they are out of school to buy. It can be hectic, and most times it’s not possible to transfer school districts in the middle of the year.

 

After fully evaluating your situation, I would highly recommend purchasing if you decide the time is right. If it’s not, then you should wait. Whatever your individual situation is, you can always reach out to me by phone or email with any questions. I look forward to hearing from you soon.

Posted in Buying a Home
March 15, 2021

4 Ways Getting Pre-Qualified Makes You a Better Buyer

Here’s why all buyers need to get pre-qualified.

 

If you’re thinking of buying a home, getting pre-qualified is one of the most important steps, and there are four reasons why. 

 

First, it gives you peace of mind. Doing your homework upfront allows you to get a recommended price to focus on as you shop for your next place to call home. It also allows mortgage lenders to pull your credit and see whether there are any issues you need to work on immediately. 

 

Second, it provides loan options. A great lender will outline the various loan options and programs available to you. In some cases, they can save you money by showing you certain programs you otherwise would’ve never known about. 

 


Doing your homework upfront allows you to get a recommended price to focus on as you shop for your next place to call home.


 

Third, it helps you become a real buyer. When you finally get that piece of paper from a lender saying you’re pre-qualified, it communicates to sellers that you’ve done your homework, you’re serious, and you’re ready to move the process forward. This naturally makes you more attractive to sellers, and when you’re competing in a multiple-offer situation, this can be the difference between hearing a ‘yes’ and hearing a ‘no.’

 

Lastly, getting pre-qualified by a good lender who underwrites your file and the home-buying process from contract to close will make the deal a lot smoother. 

 

If you have questions about the pre-qualification process, would like the name of a good lender, or have any other real estate needs, don’t hesitate to reach out to me. I’d love to help you.

Posted in Buying a Home