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Don’t Be Scared of Buying a Home This Halloween!

From stories of bidding wars to frightening discoveries after the home inspection, purchasing your first home can seem like a fearsome prospect. 

Have you been watching real estate and mortgage reports with great reservation and hesitancy? Not sure if it’s the right time for you and your family to brave the housing market? At Weber Mortgage, we’re here to walk you through every step and chase all of your fears away in the process!

 

FEAR #1: I will have to battle other homeowners for my perfect place, and I might lose!

Nothing is more frightening than finding the home of your dreams only to have it become unattainable! According to the National Association of Realtors, the average number of offers have dropped from over five offers per house to 2.8 offers per house in July. Less offers mean that you, as a buyer, also have more freedom to negotiate, too! So you can certainly trade in your nightmares for some wicked great finds in the real estate market. 

 

FEAR #2: What if my new home has MAJOR issues? 

The days of foregoing home inspections seem to be a thing of the past for now! The National Association of Realtors estimates that 95% of home buyers requested a home inspection and 67% of buyers were able to negotiate on repairs. As the market transitions into a more buyer-friendly environment, we can assure you that opening your home to frightening sights galore is nothing but a myth! 

 

FEAR #3: What if I don’t get the best financing for my new home? 

With rates increasing, worrying about getting the best rate seems to be a more common occurrence. One way to scare away your fears is to get pre-approved, which means that your rate will be locked in from other market influences.

Now and always, it’s always a great idea to have a team of dedicated real estate and mortgage professionals on your side each step of the way. Contact us today at Weber Mortgage to get pre-approved today for your new home! 

 

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