Monday, August 1, 2011

Are You RWA?

Are you RWA?
Thinking of buying in today's real estate market?  First step is to see if you're RWA. That is are you a Ready,Willing, and Able buyer?  Let’s find out if you are by considering these seven critical areas!
1.    Finances – are you financially qualified to buy a home in today’s market? Speak with your lender(s) of choice to find out.

2.    Authority – Is it your decision to buy a home? Are there others to have a say in the purchase of a home?  Who are they and what do they have to say?

3.    Commitment – Are you committed to doing what it takes to find the right home for you? This includes:
      • Getting a pre-approved for a home loan
      • Finding a professional real estate agent to help you search and guide you through the paperwork and deadlines.
      • Driving by homes to eliminate them or put them on the top of your list.
      • Keeping your team of professionals informed of your needs, wants and desires, so they can best help you.

4.    Competitive – Putting your best offer on the table first may help you beat out other offers and get the right house for you! Trying to get the deal of the century may cost you the house.

5.    Motivation – Why do you want to buy a home?  What would happen if you found the right house tomorrow? Are you ready to take advantage of it?

6.    Availability - When are you available to view a property in person? Viewing it online is nice, but nothing beats seeing the property in person.

7.    Compromise -  In reality the perfect home doesn’t exist, you’ll get about 80% of what you’re looking for in a home. Be ready to prioritize and compromise to get the right home for you! What are your priorities in the home you're looking for?  What items are you willing to give up?




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