Entry Level College Station Real Estate is hot!
Posted by Chris Tesch on Sun, Jul 12, 2009
Predicatably, with the first time homebuyer credit of $8,000 there is heavy competition for the few homes on the market. Both Bryan and College Station have felt the effects with homes especially under the 150K range frequently seeing multiple offers and days on market of 5 or less.
First time homebuyers in College Station need to be aware of market conditions and need to be on top of the search. If you're relying on driving past homes and then calling for a showing you're probably going to be too late.
Steps to take to get your home and your first time homebuyer credit are:
1. Get preapproved for your home loan (need lenders? Call or email me)
2. Get with a great College Station Realtor (I would love to be your choice!)
3. Have your agent set you up on a search so that you will get new properties as soon as they come on the market.
4. When the right property comes on the market be ready to act fast. There will be an option period built into the contract remember, so you should have time to ensure this is the right home for you.
5. If you're looking a few months into the future remember that the $8,000 tax credit is only good for closings that occur on before December 1st. Go ahead and start browsing the listings, get set up on a search (you can do this for yourself if you'd like on my web site) and keep aware of market conditions.
Don't worry, I can definately help you find the right College Station home! Just give me a call or write me an email!