How soon before buying or selling should you speak with a Realtor? A month, three months, six months? Would you be shocked to learn I recommend folks reach out to me 12-18 months before they want to buy or sell? Reaching out too late is a costly mistake that could mean: • Not enough time to improve your credit score - costing you higher interest rates and big money losses.
• Starting home improvements that don’t bring a good return on investment. • Having too low of an AGI (adjusted gross income) to borrow what you need to buy your next home. Oops. • Not listing at peak times of the year. • Mistakenly financing big ticket items that bring down your buying power. • And many more! Don’t make the mistake of speaking with your real estate advisor once you’ve decided you are ready to buy or sell. A good advisor walks you through: • Ways to improve your buying & borrowing power • Cost vs. Reward of improvements • Pros vs. Cons of selling, buying, or waiting • Market timing • Challenges vs. Opportunities in the current housing environment It takes time to make the best decisions so meet with a real estate professional – preferably yours truly – before you’re ready to pull the trigger. Kat Medaries, REALTOR® Long & Foster Real Estate, Village of Midlothian Sales Licensed to sell in the Commonwealth of VA Equal Housing Opportunity For informational purposes only. Not intended as legal, financial or credit counseling advice.
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