Profile picture for lunadefens

Planning to buy in one year, should I wait until then to contact an agent?

  • January 26 2011 - Rancho Cucamonga
  • 0
    0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.

Answers (7)

Profile picture for Connie Klemme
Its a great idea to find one now, let them know how far away it is for you so they can react appropriately.  It's good to have them send you some things so you can watch and get an idea of what you're gonna be getting for your money, talk with a lender, get pre-approved, start saving for your closing costs and down payment so that when the time comes you are in the best possible spot to make a good deal. 
  • January 26 2011
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Hi, Lunadefens.  It's always a good idea to reach out to an agent and for the two of you to decide if you will work well together.  Remember, just as there is a man for every woman, there is an agent for every person.  Also, the agent you choose will probably be able to put you in touch with a reputable mortgage person who can run your credit and go over your numbers.  This way if there is anything you need to work on you'll have plenty of time to do so.

Hope I've helped.
  • January 26 2011
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Hello lunadefens,
if it were me I would first seek the ocunsel of a mortgage professional to see what my options are on today's market as-well as find out whether or not there are any details that need to be worked out now ( credit issues / gift funds, etc.).

If you do not have a mortgage professional, maybe cntact your local real estate agent for a few referrals.

Weigh the options of buying this year or next.  You may find that waiting until next year may price you out of the market ( rates on the rise).

You may be pleasently surprised at the results.

Best of luck to you.

  • January 26 2011
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Profile picture for Ofe Polack
I would not wait until you are 100% ready, at this point I would start talking to a lender, in case I can improve my credit in order to obtain a better interest rate.  I would also try to find a buyer agent and discuss the type of property you are looking for and explore the various different areas, that way when the time comes you will be an old pro.  The very best! 
  • January 26 2011
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

If you are looking to purchase in a year or so, this is a great time to do some research and focus in on what area you want to buy in and also find a great agent that specializes in that area.

I also agree that you should find a qualified and trusted finacial advisor who can get you pre-qualified for a mortgage.  This way if there are any problems with your credit, or if there is something you can do to improve your credit, you can get things organized before you are in the middle of buying the house of you dreams and lose it because you can't get the mortgage you need.

Ask your friends and family if there is an agent that they have used and can recommend to you.  The best agent may one that has already helped someone you know!

  • January 26 2011
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

It's not too early to make contact, as there are several steps you can take now to make the process smoother when you buy. We'd suggest looking for an agent who has received the Accredited Buyer's Representative (ABR) designation from the National Association of Realtors. They been specially trained to negotiate on the buyer's behalf.
It's a terrific time to buy, as interest rates remain low and prices are very attractive. Enjoy the experience! 
  • January 26 2011
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Profile picture for SeanGlaze
Your focus at this point should be contacting a lender and making sure that all of your finances are in order.  Not knowing any "surprises" on your credit can ruin a deal before it gets off the ground.  Working with a lender that can help you be ready to make a move to buying a home.

What type of property you are looking at buying will also make a difference.  If you are looking for a property that is rare you want to start ahead of time so you do not miss a place you really love.  Buying short sales as well can take a lot of time there can be a long waiting period for the bank to approve and accept the offer.

Contact me via my zillow profile if you have any questions.

http://www.zillow.com/profile/Sean-Glaze/
  • January 26 2011
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.