CHARLES RUTENBERG REALTY INC
MARK WIEGAND, CHARLES RUTENBERG REALTY INCPhone: (727) 277-0134
Email: [email protected]

3 Common Homebuying Concerns, and How to Address Them

by MARK WIEGAND 01/12/2020

If you plan to buy a home in the immediate future, there are several concerns that you should address before you embark on your house search. In fact, some of the most common homebuying concerns include:

1. Lack of Home Financing

You know you want to purchase a house, but obtaining financing sometimes is difficult. Fortunately, if you meet with various banks and credit unions, you can review all of the home financing options at your disposal and map out your home search accordingly.

Remember, there is no such thing as a "bad" question to ask a bank or credit union relative to home financing. Banks and credit unions employ courteous, knowledgeable home financing specialists who are happy to assist you in any way possible. These specialists can respond to your home financing concerns, and as a result, help you make an informed mortgage selection.

2. Tight Homebuying Timeline

If you are tasked with relocating to a new home as quickly as possible, you may have to conduct a fast house search. But if you explore ways to maximize your time and resources, you could boost the likelihood of conducting a successful home search, regardless of your homebuying timeline.

Oftentimes, it helps to make a list of homebuying tasks that you need to complete. You then can establish goals designed to help you stay on track with your homebuying timeline.

You also should keep a close eye on the housing sector in your preferred cities and towns. That way, if a great home at a budget-friendly price becomes available, you can instantly pounce at this homebuying opportunity.

3. Establishing Realistic Homebuying Expectations

The homebuying journey offers no guarantees. If you enter the housing market with realistic expectations, however, you can avoid potential disappointments during your home search.

To establish realistic homebuying expectations, it generally is a good idea to make a list of home must-haves and wants. This list will allow you to hone your house search to residences that meet your criteria. It also can help focus on available residences that fall within your price range.

In addition, it often helps to hire a real estate agent before you conduct a house search. A real estate agent can teach you everything you need to know about finding and purchasing a house. Plus, he or she can provide expert insights at each stage of the homebuying journey.

Let's not forget about the assistance that a real estate agent provides when you are ready to submit an offer to purchase a home, either. At this point, a real estate agent will help you craft a competitive homebuying proposal and submit it to a seller. If a seller accepts your offer, a real estate agent then will help you finalize your house purchase.

Ready to embark on the homebuying journey? Address your homebuying concerns, and you can minimize risk as you begin your search for your ideal residence.

About the Author
Author

MARK WIEGAND

Florida Lifestyle Expert: In the Tampa Bay area, homes are more than just residences; the native features that characterize their locales reflect a life lived to its fullest. A former golf professional, Mark raised his family on a lake in Michigan where they enjoyed water sports from skiing to wakeboarding to tubing and fishing. His insight about local waters and area golf courses proves invaluable to his clients. 

Property Specialist: The owner of BMW Properties USA, LLC, Mark’s first-hand knowledge of investment property management allows him to counsel both buyers and sellers in the achievement of their goals. With expertise in property acquisition financials from VA to conventional loans, home buyers will benefit from a comprehensive assessment of the mortgage products that support informed decisions. Mark’s years of working with building contractors also advantages clients with his keen evaluations of construction and renovation alternatives. 

Personal: Prior to relocating to Florida full-time, Mark and his family enjoyed their Vero Beach vacation home before taking up permanent residence in the Sunshine State. Married to his wife Belinda since 1981, they are proud parents of their daughter Kathi, the Manager of Retail Sales and Community Relations for the Toronto Blue Jays organization in Dunedin, Florida; their son Danny, a PET/CT Technologist for HCS Group in Plymouth, Michigan; Son-in-law Ryan the Head Baseball Coach at St. Petersburg College and Dan's Girl Friend Catherine. They are especially fond of spending time with Grandchildren: Reese, Elena, and Brady. The Wiegand clan is a family of enthusiastic golfers and boaters who love cruising the Intercoastal waterways and the gorgeous Gulf of Mexico.