Don't Wait Much Longer to Get Into the Real Estate Market!

(4) DON'T Wait much longer to get into the Real Estate Market

Your agent should show you everything available that meets your requirements. Don't make a decision on a house until you feel that you've seen enough to pick the best one. Go to the Multiple Listing computer with your agent to make sure that you are getting a COMPLETE list or connect to a service like Listingbook, available on my website that allows you to set your criteria. In late 2004 and early 2005, homes were selling quickly, usually a few days after listing. In that kind of market, agents advised their clients to make an offer ON THE SPOT if they liked the house. That was good advice at the time and it is again. Today's urgency is, if you are on the low end of the market. Inventory is extremely low for this time of year. We are 30% lower this year compared to other years. Just getting an offer excepted is going to take months because there are multiple offers on properties.

Before you know it, it will be November and your chance to get the $8,000 first time Buyers Tax Credit will be gone! You have to CLOSE escrow before Nov. 30^th .

Don't forget to check into the SCHOOL DISTRICTS of the area you're considering. Information is available on every school; such as class sizes, % of students that go on to college, SAT scores, etc. You can get this information from your agent, directly from the schools or from sites available though the state!