How to Successfully Relocate to Your New Property in 5 Steps

When you’re looking for a new home, it’s easy to get caught up in the details and forget the important stuff. Here’s a reminder of the essential things to prioritize:

Spend time choosing the right real estate professional. Choose a good agent with qualifications that most fit your needs. If you plan to rent out the property, someone with property management experience can also help you manage the rental. of a successful home purchase, for example. Key qualities to look for: experience with relocating clients, strong local market knowledge and solid communication skills. If your agent has earned the ABR® designation you’ll know they also have special training in representing buyers.
Get pre-approved. Pre-approval indicates that you have final approval on the loan amount indicated, contingent on an appraisal. Mortgage pre-approval helps you close quickly and gives you negotiating leverage with sellers.
Be ready to decide quickly. Many lack adequate home inventories, so it’s a seller’s market, especially in desirable neighborhoods. Consider placing an offer immediately, even if you’re still looking.
Request a CMA. Agents can run a comparative market analysis in minutes from the MLS. An agent with local expertise can walk you through your top picks and help you understand the pros and cons so that you can make a positive decision.
Learn from the inspection process. The home inspection is providing more useful information than ever before. If possible, attend the inspection. This gives you valuable insight for renegotiating repairs. In a strong market, sellers won’t be as willing to make concessions following an inspection. However, this also helps you understand any additional maintenance costs you’ll be signing up for.