Montez Wilson

Why Your Home Inspection Matters 🏠 🔍

Buying a home and wondering if your inspection is necessary? While some buyers may decide to waive their inspection, it’s risky decision.

Your home inspection is a crucial step in the homebuying process. It assesses the condition of the home you plan to purchase, so you can avoid costly surprises down the road.

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Montez Wilson | HK Realty
📲 Call/Text: (919) 247-0450
📧 Email: [email protected]
🌐 Website: montezwilson.HumphriesandKingRealty.com

Why Pre-Approval Is Key for Homebuyers in 2022

Being intentional and competitive are musts when buying a home this year. Pre-approval from a lender is the only way to know your true price range and how much money you can borrow for your loan. Just as important, being able to present a pre-approval letter shows sellers you’re a qualified buyer, something that can really help you land your dream home in an ultra-competitive market.

With limited housing inventory, there are many more buyers active in the market than there are sellers, and that’s creating some serious competition. According to the National Association of Realtors (NAR), homes today are receiving an average of 3.8 offers for sellers to consider. As a result, bidding wars are still common. Pre-approval gives you an advantage if you get into a multiple-offer scenario, and these days, it’s likely you will. When a seller knows you’re qualified to buy the home, you’re in a better position to potentially win the bidding war.

In a competitive market with low inventory, a pre-approval letter is a game-changing piece of the homebuying process. Not only does being pre-approved bring clarity to your homebuying budget, but it shows sellers how serious you are about purchasing a home.

——
Montez Wilson | HK Realty
📲 Call/Text: (919) 247-0450
📧 Email: [email protected]
🌐 Website: montezwilson.HumphriesandKingRealty.com