Juli Vosmik is right on target with this post, and her advise applies wherever you search.
Thanks Juli for allowing me to re-post your great information. Comments are being disabled for this article. Please click through to Juli's blog with your comments. She would love to hear from you.
Thanks again Juli, and best of success to my readers in your search. My last listing had a full price offer within five hours of being on the market, and four more full price or higher offers the next day. It's hot here too.
When working with potential buyers, I will spend one day "shopping" with them - viewing homes, seeing what's out there, getting a feel for their likes and wants. But, after that, if the buyers are not pre-approved for their new home loan, then we're just burning tire rubber and wasting precious gas (particularly at almost $4.00 a gallon.)
I got an email tonight from some buyers I'm working with. It started out with, "I'm bummed - that home in Tatum Ranch went to contract and it was our favorite." This is why it's not a good idea to put the cart before the horse and look at homes. You are only setting yourself up for disappointment.
Particularly in a VERY HOT Scottsdale/Cave Creek/north Phoenix real estate market where the inventory is at a 7 year low and many homes are going to contract in the FIRST DAY or FIRST WEEK it's listed, it's SO IMPORTANT to be sure you're fully approved for your mortgage and you're ready to make a decision - if you hesitate, you risk the chance to buy the home you liked so well.
So, for these buyers, I've given them MLS internet access which auto notifies them of everything on the market. I will spend some time talking and emailing with them. But, we need that loan approval before we go out to view any more houses - I won't let you be in for any further disappointments. I owe it to you to look out for YOUR best interests.
If you're looking to buy or sell a home in Scottsdale/Cave Creek/north Phoenix, call me - there are definitely STEPS you need to take to be prepared, particularly in our HOT real estate market.
It's not just the weather that's hot in Scottsdale/Cave Creek/north Phoenix!!!!
Dominion Real Estate Partners, LLC
Helping you make smart informed decisions whether buying or selling homes in Scottsdale, Cave Creek and north Phoenix Arizona. I know the area - I live here.
A portion of all sales is donated to the Arizona Humane Society.
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It's All About YOU! Brad Rachielles, REALTOR, Upland, CA
Brad Rachielles, REALTOR. Helping Inland Empire Buyers and Sellers with their Real Estate needs in the Communities of: Upland, Rancho Cucamonga, Fontana, Claremont, Ontario, Chino, Chino Hills, Pomona and La Verne, CA.
Web Page: http://www.BradRachielles.com