October 19, 2022

By Isabel Guzman, Realtor®

What three things can you do as a buyer in today’s housing market? Join me as I tackle 2 helpful tips that would benefit buyers in this real estate market!

Video Transcription

Are you still considering buying the home of your dreams in today’s market, but are feeling a bit uncertain about the rising mortgage rates and affordability? 

Hi, I'm Isabel Guzman Broker Associate and Realtor with eXp Realty and I want to share with you three important tips you can do as a buyer shopping in today’s housing market.

Tip #1,

 If you have been concentrating on a specific area that now seems out of your price range, well as a buyer you may need to expand your search area and criteria that could be more affordable. For example, Opening up your home search to a location further out may open up more options as a buyer.

Also, prioritizing your “wish list” to not include all the upgrades you had originally planned can help reduce the cost of your purchase.  Perhaps some of these upgrades can be items you can do yourself down the road. By searching in the nearby cities, you may find better prices and more sq footage.”

Tip #2, 

Work with a good lender and experienced real estate agent, who can discuss different loan types, scenarios and alternative financing programs available to you to get the best possible rate. This  could save you thousands of dollars overtime.  

 As always, feel free to connect with me and my team so we can help guide you in your search in a more affordable direction. I’m Isabel Guzman with the Colibri Group, Bringing you home.