We all know the Portland market is saturated with excited and competitive buyers. If you are thinking about taking the leap, here are a few key things to do to make you stand out as a buyer. As always, I am here to answer any of your real estate questions!
1. Know your price point.
Having a firm idea of what your minimum and maximum price points are can help make the search and subsequent processes a lot smoother.
2. Get pre-approved.
This is key to putting your best foot forward. It makes finding the right home for you at the set price point a lot easier for your real estate agent. Being pre-approved also makes you look like a better buyer to the seller and their listing agent.
3. Don’t do anything drastic that can affect your credit.
This means keeping your debts at a minimum and your credit stable. For example, don’t switch careers in the midst of your home search or don’t purchase anything with a huge price tag like a car on credit. These can negatively impact your standing as a buyer.
Be realistic about your search. Knowing what you want is important, but knowing what you can afford and what makes the most sense is critical for you in the short and long term.