Getting ready to buy a home can be stressful and complicated. With so many details and decisions to make, it's no wonder why potential buyers often feel overwhelmed. This spring season, don’t let the high demand of the residential real estate market cause you stress or prevent you from landing your dream home.

Here are 5 tips to help you navigate the buying process.

Tip #1: Work With Real Estate Agent Early On

A real estate agent will be an invaluable resource throughout every step of the buying process. They have quick access to listings before they hit major online listings, and they can also explain how the bidding process works.

Tip #2: Prioritize Your Needs

Before you start shopping, it’s important to know what your priorities

If you’re a first-time home buyer here in Middle Tennessee, you probably know this is one of the biggest purchases you’ve made. Additionally, each stage of the process is quite complex and can leave buyers feeling stressed and overwhelmed. 

In order to make your financing, shopping, bidding, escrow, and closing easier, Parks Realty recommends joining forces with one of our Accredited Buyer’s Representatives, or ABRs. What follows is a brief, partial overview of what your buyer’s agent will do for you.

Financing

Your ABR will assist you with analyzing your finances and determining how much you can safely spend on your home. Next, your ABR will help you choose from among trusted sources for your mortgage loans. 

Once you have an idea of

While some potential homeowners were unable to purchase a property this summer due to fierce competition and a short supply, many experts say autumn is actually the best time to shop. With fewer people in the market to buy a home, and those who listed properties before still anxious to sell, this season creates a greater probability for better deals and price.

The biggest thing that can help facilitate real estate sales at this time of year is that most homes still on the market have been there for some time - usually a few months, according to Trulia. Sellers are more likely to bring down their prices and provide a little more wiggle room than they might have during the summer to get a deal done expediently, especially if they're looking to sell