YOUR BUSINESS AUTHORITY
Springfield, MO
Want to become a homeowner in 2022? Unfortunately, the housing market looks a lot like 2021. Bidding wars abound, houses are getting snatched up in record time and demand still outstrips supply. How can homebuyers succeed despite the obstacles? Experts at TheMortgageReports.com say to get creative so you can outmaneuver the buying competition and achieve your homeownership dreams.
The market is tough, but homes sold at a record pace in 2021, which means millions of buyers were successful in their quests. Being creative, inventive and resourceful does not mean you have to go it alone. Work with a trusted real estate agent, who can help you devise the right approaches that can help you find and claim the right home.
Get strategic
Once you have a strong representation lined up, explore each of these financial strategies.
More options
There is more you can do. For the best results, consider these additional suggestions:
If you are serious about buying a home in 2022, it is time to connect with a mortgage lender and get preapproved. Every prospective homebuyer needs to be preapproved to learn how much they can afford, the types of mortgages they qualify for and their monthly payment amounts. A preapproval letter also gives you the clout to make a serious offer on the home of your dreams.
Ready to get started?
Using local, experienced real estate and financial advisers can also help you navigate potential rate fluctuations, price increases, valuations and evolving mortgage rules and regulations. Do your research, make a plan and recruit the appropriate experts to start your homebuying journey.
Tyler Stalker is a residential lending manager for Guaranty Bank. He can be reached at tstalker@gbankmo.com.
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