What to Expect When Buying, Refresh Bathrooms, and Common Mistakes
3 Things You Should Expect When You Start Your 2022 Home Search ??
So you want to buy a home in 2022? GREAT!
But before you start your search, you should know that 2022 is set to be another BUSY year in real estate; there are a few situations you should be prepared for.
1. LOW INVENTORY
While we won't see a repeat of 2021, you should expect low inventory and high demand. To avoid panic-buying, be sure to know what you want *and* what you can actually afford.
2. SELLER’S MARKET
Thanks to that low inventory and high demand, you can expect a strong seller’s market. Be sure to hire a trusted Realtor to help you come to the table with the best offer possible.
3. PRICE APPRECIATION
We'll see home prices continue to rise in 2022, but don't expect another 2021!
Is a new home in your future? If so, reach out! I'd love to chat with you about what you're looking for! ??
Want a WOW WORTHY bathroom? ??
Whether you're selling or renovating, here are 3 EASY ways to refresh your bathroom:
??1. WHITE OUT
Refresh your walls with white; white paint brightens up the space and creates a fresh and clean appearance.
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??2. REPLACE YOUR LINENS AND SHOWER CURTAIN
Keep up the white look with bright white towels and a shower curtain.
??3. ADD A POP OF COLOR
Replace your bathroom rugs–this is where you can play with a pop of color!
?Learn from their mistakes!
Here are 5 common buyer mistakes that I can help you avoid. ??
1. Searching for a home before you’ve been pre-approved to buy. If you don't have that pre-approval letter in hand, sellers are way less likely to take your offer seriously.
2. Assuming you need 20 percent down to buy a home. Different loan types require different down payments, so be sure to talk to a lender about your options before you set that budget.
3. Only getting a rate quote from one lender. You should always shop around to more than one lender. Different lenders offer different loan programs, so talk to a few before you make a decision.
4. Draining your savings to buy a house. There are lots of unexpected costs throughout the home-buying process, so be sure to leave a cushion in your account after that down payment.
5. Falling in love with a house based on its design without strongly considering its location and structural inadequacies. Location is everything - you can change the decor, but you can't change the foundation and structure of a home.
If you want to avoid these pitfalls, you need to hire a trusted real estate agent to help you through the home-buying process. I just so happen to know one! ??
Reach out NOW if you're in the market to buy. I'm always here to answer any questions you have!