In general, the best time is immediately. Your first step should be to concentrate on selecting
an excellent, hard working realtor, and be prepared to spend six months to a
year in your search. You can dramatically shorten the time to locate and buy a
home if you are flexible about the home, the neighborhood, or the price. But
the more you care about each of those elements, the longer your search is going
to take.
The high season of real estate starts in March. More product
comes on the market in the Spring as sellers are interested in using the Summer
to move. This has generally been related to school and moving the kids to a new
district during the Summer. While this is still an issue, even families with no
children are generally hoping to move during the Summer months.
As a result, substantially more inventory will be available
during March-May. The converse is also true - the shoppers are also out in droves.
And yes, prices go up due to the number of shoppers in the market competing for
the best properties.
What steps can you take to make the process as smooth as
possible? Start by calling Belle Tsai. She has many years of experience helping
buyers find a great property in the Los Angeles Market. She is also associated
with Sotheby’s International Realty, and that relationship provides you with
massive additional resources.
Belle will help you to get set up with an outstanding
mortgage broker where you can be preapproved for a loan. Unless you are an all
cash buyer, home sellers are going to give preference to offers that have proof
of ability to borrow. In this market, you are hugely handicapped if you don’t
have your lender preapproval letter.
Next, Belle will listen carefully to your dreams and
expectations and then provide professional recommendations for homes that will
best fit what you are looking for.
Once the plan is in place, you will receive suggested homes
to go visit. Belle will accompany you on these visits to help evaluate each
property. When you find a property that
you like, she will help you prepare an offer that will be designed to the right
price for that house in that market, and that will appeal to the seller.
If you are ready to start looking for your new home, call
Belle today @ 310.738.7118
