You might be seeking more space, relocating to a new area, or simply want to take advantage of a great opportunity (and even greater mortgage rates). If you’re one of the millions looking to move to a new home this year, it’s important to understand the current market. Here, I’ll share three tips that will help you find your dream home, get your offer approved.
1. Get Your Finances in Order Before Placing a Real Estate Offer
Once the vaccine is administered to the masses you will encounter many other Boston real estate buyers if and when you decide to put in an offer. The moment you finally find the “right” Boston Seaport condo is not the time to scramble to get your bank accounts, mortgage broker, and other financial elements sorted. In the 2021 Boston real estate market, you need to do the prep work and have ALL of your ducks in a row before you even begin looking. Get pre-approved for a mortgage now, do the math with your financial advisor, and find the right agent who’s skilled in and has relationships in your area of interest.
One silver lining to come from the pandemic? Virtual tours are better than ever. If you’ve never seen one, virtual tours are in-depth, give a great impression of the home, and work for any property. Seeing homes in person is always ideal, but if you can see 30 houses in one morning instead of spending a week driving from one listing appointment to another, take the first option.
Lean into technology and use virtual tours to your advantage.