7 Spring Homebuying Tips to Get the House You Want

7 Spring Homebuying Tips to Get the House You Want

7 Spring Homebuying Tips to Get the House You Want

When spring blooms, it seems like a good time to add changes to your life. One that you may be considering is buying a new home. There are tons of good reasons to shop for a house in the spring, from the nice weather to the longer days to the beautiful spring flowers. However, spring is the most competitive time of year to purchase a house. You need to proactively plan your strategy to avoid losing out on the home of your dreams. Here are seven spring homebuying tips to get the house you want.

  1. Identify What You Want

You might have a full page of amenities you think you can’t live without in a new home. Throw it away and start over, because chances are good that you will never find everything you wish for in a single home. Choose four to six items that you absolutely must have. A fenced backyard? A certain area of town? A large kitchen? A two-car garage? Cutting out the things that aren’t truly must-have’s helps you make a more informed choice when you find the house that fits you. Because you’re going to need to…

  1. … Move Fast

If you want to sleep on it before making your decision, a hungry buyer is going to snatch the property away from you. If a home has what you’re looking for and is in your budget range, it’s a good idea to go ahead and make an offer immediately. Spring is the busiest homebuying season, so you must remember you’re competing with lots of other people for each property. Being indecisive will leave you out of the running.

  1. Get Email House Alerts

Buying a house in the spring takes more effort than just looking on weekends. Luckily, a good real estate agent can make it easy for you to see properties as soon as they hit the market. Once you choose a Realtor, explain the features you want and your budget. She can add you to a database and filter the information so you receive emails about homes that fit your criteria as they become available. This gives you the jump on buyers who are waiting to see them online. Hopefully, you can get one of the first showings and decide if it’s the one for you.

  1. Talk to Your Loan Officer

An experienced, helpful loan officer will be pivotal in buying a home in the spring. Lay out your finances, authorize them to pull a credit report, and talk over your options. He should be able to tell you how much home you can afford and if you can be pre-approved. A pre-approval letter is a powerful tool in the negotiating process because it shows the seller you have the financial means to purchase the home. This soothes their fear about the sale falling apart at the last minute.

  1. Search Below Your Price Range

This sounds like a weird tip, but shopping for a home below your maximum budget gives you freedom other buyers may not enjoy. If you find a house you love, you can offer full asking price or, if you anticipate several offers, you can even up your offer by a few hundred dollars. If all other things are equal, the seller is more likely to take an above-asking-price offer, which may edge out your competition.

  1. Ante Up on the Earnest Money

Making certain the seller knows you’re serious about buying their home can ease their mind and make you look like the smartest choice. Nothing gets that point across better than cold, hard cash. A larger amount of earnest money shows that you can afford to buy the home and that you are taking the commitment seriously. A seller will look at this as a positive when weighing your offer against other ones.

  1. Write a Straightforward Offer

If you’ve found the home you want, don’t let a few small concessions distract you from your homebuying goal. When you’re buying a house in the spring, it’s smart to overlook the worn carpet in the den or the peeling paint in the laundry room. Write the simplest, most direct offer you can muster, which makes it easier for the buyer to say yes to you.

Buying a home in spring does pose certain challenges. Doing some work up front like finding a good real estate agent and loan officer puts you ahead of some other buyers who are working alone. Follow these tips and you can be ready to enjoy your new house by summertime.


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Mortgage Investors Group, based in Tennessee, offers residential financing in a number of states in the southeast, See MIG Service Areas. Terms and conditions to apply to home financing. We want to share with you the loan terms vary based on several characteristics and your financial profile. These include but are not limited to loan program, loan purpose, occupancy, credit history, credit score, assets, and other criteria per loan type. The repayment terms and interest rate may vary from time to time. The terms represented here are based on certain assumptions outlined below and/or noted on the loan outline page. Additional details concerning privacy, program disclosures, licensing specifics may be found at Legal Information.

MIG Loan Officers will help gather the information needed for an individual assessment to provide home financing which matches the loan characteristics with your home financing needs based on your financial profile, when you are ready to begin a full loan application. For estimates and general information before that step, the basis for which the mortgage financing information are as follows:

  • Rates are subject to change at any time.
  • Rate locks are available at current terms for 30 to 180 days based on program type, credit profile, property location, etc. which will affect the available rate and term.
  • Rate locks are available at current terms for 30 to 180 days based on program type, credit profile, property location, etc. which will affect the available rate and term.
  • Payments will vary based on program selection, current rates, property location, etc.
  • Not all programs are available in all states.
  • Some loan programs may not be available to first time home buyers.
  • Terms and conditions apply, which may include restrictions or limits per loan program.
  • Information is generally based on primary residence occupancy with no cash out when refinancing.
  • Unless otherwise stated, terms shown are estimates based in part on credit score of 700 or higher; owner occupancy, escrow account is established for taxes and insurance(s); debt-to-income ratio no higher than 43.0%; PMI applies to conventional loan programs over 80.0% LTV; VA,FHA & RD require insuring fees included in loan and/or payment; fixed rate, 30 year term.

An MIG Loan Officer is available to help with your financial details to determine which characteristics apply to your situation for a personalized look into which loan program best fits your home financing needs. Please use the Find a Loan Officer link or reach out to Mortgage Investors Group at 800-489-8910. Equal Housing Lender 1.2020