The new year is officially underway, and everyone is focused on new beginnings. If your fresh start includes plans to purchase a home, let us introduce you to Jamaica Estates.
Jamaica Estates homes for sale are in demand. Zillow predicts an 8.5% increase in home values in the neighborhood over the coming year. If you’re thinking about making a real estate move, it’s time!
If you are a prospective buyer, you probably have countless questions. Today we will answer three of our clients’ most common questions about Jamaica Estates homes for sale.
Question #1: Should I get preapproved for a mortgage?
The answer to this question is a resounding “yes.” Preapproved buyers are serious buyers in the real estate world, and serious buyers get their offers accepted. Most importantly, your preapproval letter will tell you exactly how much you can afford so that you can set your sights on attainable homes.
Question #2: Should I sell my current home before buying a new one?
It’s tough to get your real estate transactions to line up perfectly. From a financial standpoint, it’s ideal to sell your current home first. However, Jamaica Estates homes for sale attract many buyers, and competition is fierce.
On the bright side, you are not the first person who has been in this dilemma. Your real estate agent can advise you regarding contingency offers and rent-back arrangements that might help you seal the deal with confidence.
Question #3: How much should I offer?
Many buyers feel like a fish out of water when faced with such a weighty financial decision. This is where working with an experienced, local real estate agent is a huge advantage. A real estate agent can help you arrive at a competitive offer that is fair for all parties.
If we didn’t get to your question, don’t worry. We’ll address more buyer FAQs in a future post. If you can’t wait to act on Jamaica Estates homes for sale, contact Jamaica Estates Realty today! We would be happy to answer your questions and put you on the path to buyer success!