How to Anticipate and Overcome Homebuying Hurdles

by Arne DeWitt Group 12/22/2019

The homebuying process may prove to be challenging, particularly for individuals who fail to anticipate potential problems. Lucky for you, we're here to help you identify and address homebuying hurdles before they escalate.

Now, let's take a look at three tips to ensure you can seamlessly anticipate and overcome homebuying hurdles.

1. Learn About the Housing Market

The real estate market can be complex. Fortunately, an informed homebuyer should have no trouble resolving potential problems early in the property buying journey.

Examine a wide range of housing market data – you'll be glad you did. Look at the prices of recently sold houses – as well as the prices of available residences – in your preferred cities and towns. With this housing market information, you'll be better equipped than ever before to differentiate a buyer's market from a seller's one and plan your homebuying journey accordingly.

2. Get Home Financing

If you intend to pursue a house, you likely will need a mortgage. Thankfully, banks and credit unions are available to help you obtain a mortgage in no time at all.

Ultimately, it helps to get pre-approved for a mortgage. If you enter the housing market with a mortgage in hand, you can narrow your house search to properties that fall within your price range. And as a result, you could speed up the process of finding and buying your dream house.

When you meet with lenders, don't hesitate to ask lots of questions, either. If you allocate time and resources to learn about all of your home financing options, you can determine exactly which option is right for you.

3. Employ a Real Estate Agent

There is no need to pursue a house on your own, regardless of whether you're an experienced or first-time property buyer. But if you employ a real estate agent, you can work with a homebuying expert who can help you make your homeownership dream come true.

A real estate agent understands what it takes to find a great house at an affordable price. He or she can teach you about the housing market and help you make informed decisions at each stage of the property buying journey. Perhaps best of all, a real estate agent can prepare you for potential homebuying hurdles and ensure you can quickly address these issues.

Let's not forget about the assistance that a real estate agent provides as the homebuying journey progresses as well. A real estate agent will set up home showings, help you weigh the pros and cons of different houses and ensure you can submit an offer to purchase your dream residence. And as you approach the date of your home closing, a real estate agent will offer tips and recommendations to ensure you can finalize your house purchase without delay.

Want to avoid homebuying hurdles? You're not alone. But with the aforementioned tips, you can identify and overcome various homebuying hurdles and effortlessly navigate the property buying journey.

About the Author
Author

Arne DeWitt Group

There are a lot of real estate agents serving the South County real estate market, but few with the longevity, experience and professionalism of Arne DeWitt.

Arne graduated from California State University, Northridge with a BS degree in Business Administration and soon put his business skills to work in his real estate career with RE/MAX that now spans more than 30 years.

During his career Arne has listed and sold more than 1500 homes, resulting in 750 million in sales and garnering every production award given to top producing RE/MAX agents – including the prestigious Chairman’s Club, Hall of Fame and Lifetime Achievement Awards.

Never one to rest on his laurels, Arne has continued to hone his professionalism and knowledge. Throughout his illustrious career he has earned several esteemed professional real estate designations such as GRI (Graduate REALTOR Institute), CRS (Certified Residential Specialist) and ERC (Employee Relocation Council)

But it’s not the awards and industry accolades that fuel his passion – it’s a genuine desire to help his clients achieve their real estate goals and dreams. Arne is most proud of the high percentage of referrals and repeat business he receives from satisfied clients who shower him with thank-you letters with comments such as:

“You made the selling of our home a pleasurable experience. You should clone this guy!” and “Arne did everything he said he would do and more!”Arne Dewitt

When not working as your community relocation specialist, Arne likes to unwind by participating in sports such as golf, fishing, and hockey. He also enjoys coaching boys’ sports and spending time with his sons, Wesley and Matthew. Arne is active in his church and donates time and income to individual charities.