5 Expert Tips to Easily Find Your Dream Home

Five tips to find your ideal home despite low inventory and bidding wars.

Finding a home in a hot market can be challenging. Low inventory and bidding wars are only two reasons why home buyers are having a hard time finding their ideal home. Because of this, it’s easy for buyers to become frustrated, but do not lose hope. There are ways that you can still find and buy the dream home that you’re looking for. If you’re having some trouble, here are some tips to find your dream home:

1. Expand your search area. Branching out a little will open up more inventory for you, and it may even reduce the competition. If your lifestyle allows it, maybe look at something a little more rural where there’s less competition.

2. Consider different property types. If you’re looking for a single-family home, maybe a condominium unit, a townhouse, or a duplex could be a better idea. And if you go with the latter, you could always rent out the top portion and pay for part of your mortgage.

"You have the freedom to customize a fixer-upper or new construction home."

3. Shop under your budget. Looking for properties way under your maximum budget is going to allow you to overbid the competition and potentially get that property while still feeling financially stable.

4. Build or renovate. New homes and houses that need work are much more available in this market. If you buy a fixer-upper, you can renovate the house, giving you more time before moving in. Just be sure to check with your loan officer because the mortgage may be different.

5. Search off-market properties. We have inventory available for sale that is not listed on MLS, Zillow, or any other website. We use a service called Buyer Concierge, which is a customized platform with off-market homes to choose from. We'll do the work by sending postcards to potential sellers, decreasing competition and, ideally, finding you the ideal house. 

If you’re looking to buy, sell, or have any questions at all about real estate, feel free to contact me. You can call or text me at (267) 242-9976 or send me an email at Vincent@Ironman-Realtor.com. I’d love to help you out.