Should You Wait to Buy a Home?
Filed under Buying a home on Dec 14,2021 | Tagged in: home market, homebuying process
Buying a home can be tough these days. With high prices and low inventory, you may feel priced out of the market or unable to secure a winning bid. If that’s you – and you don’t need to find a home immediately — CNBC suggests putting your purchase plans on hold until market conditions are more favorable for you. Doing so could help you avoid potential pitfalls of paying too much and possibly forgoing important parts of the homebuying process. These include home inspections, which some buyers are opting to NOT do in order to win a bidding war. Or, you might overlook some of the buying factors most important to you, such as location, neighborhood, school district, space, amenities and home condition.
Here at Vanguard Realty Associates, we care about our buyers and want you to make a decision that you’ll be happy with for years to come. Whether you want to buy now – or wait a while – we’ll support you all the way.