Spring has officially arrived in Phoenix Arizona, and with the warm weather comes a busy time in the Greater Phoenix Real Estate market!  Many who have held off on selling their home are putting their homes on the market, and with these new homes budding on the market each week; those hoping to buy a home in Glendale, Peoria, Scottsdale, Buckeye, or any of the surrounding areas have started searching the market! 

As Greater Phoenix Real Estate agents, we thrive on the lively spring market and enjoy matching up buyers with their ideal home.  With the busy spring housing market comes a little more competition for finding a great home, so you have to be prepared to move quickly!  Being ready to put an offer on a Greater Phoenix home will mean putting in a little extra work before you begin.  We want to help ensure that when you find your dream home in the Greater Phoenix area; that you’re able to buy!  Below are nine great tips to help you streamline the home buying process.
 
1.  Get Pre-Approved- Finding the home of your dreams and then shopping for a loan is a risky move, as most home sellers won't even look at an offer that's not accompanied by a pre-approval letter.  Getting pre-approved ensures you know your exact budget and can save you from a bidding war if many are vying for the same home.

2.  Prioritize Your Housing Needs- Finding a home fast means being flexible.  The longer the list of requirements, the harder it will be to find a home.  Keep your list short and to the point.  Focus on the key elements you’re looking for and let the extras fall as they may.

3.  Start Your Search Online- Instead of spending your time perusing neighborhoods for open houses or for sale signs, get online to streamline your search.  There are many stunning homes in the Greater Phoenix area which you can view online.

4.  Find a Great Agent- This may seem easy, but finding an agent that truly knows the Greater Phoenix Real Estate market, and can show your properties that are right in your price range that also meet your style and needs can be challenging.  Of course, we’d love to help you in your home search and know that our experience and proven success will make the home buying process an easy one!  No matter who you choose to help you buy a home, be sure to do your homework and take the time to research local agents.  

5.  Steer Clear of Short Sales- While short sales seem to be flooding the market across the country- if you’re looking for a quick buy, short sales are not the way to go.  There is a long process involved with these homes and complications are almost always in the cards.

6.  Look for Motivated Sellers- Don’t settle for sellers who aren’t willing to budge on a home at the top of your price range; there are too many other beautiful Greater Phoenix homes out there that will have motivated sellers.

7.  Negotiate Repairs- If an inspection reveals that the home you want to buy requires repairs, taking the responsibility off the seller can help you close the deal quicker. After obtaining estimates, ask the seller for a credit rather than asking them to complete the repairs themselves.

8.  Have Cash Ready for Closing
- You don't want to be scrambling for funds at the last minute, so be prepared for this important date. A day or two before closing on your Greater Phoenix home, you'll get the final settlement statement, detailing the terms of your loan and all the closing costs. Be sure to get a certified or cashier's check made out for the total amount you owe at closing, including the down payment since you can’t use a personal check.

9.  Have a Plan B- Because not every transaction goes smoothly, be sure you have a property or two as a backup; you don’t want to have to start from scratch!

We hope this helps as you venture onto the Greater Phoenix Real Estate market!  If you have any questions about buying a home, about living in Phoenix or any of the surrounding cities or about the Greater Phoenix Real Estate market; please let us know!  We’re here to help and to be your resource for Greater Phoenix living!
 
Ready to buy a home?  Contact us today to get started!

The Russo Team
Greater Phoenix Real Estate Experts

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