2012 Earlybird House Hunting Starts Today

By
Real Estate Agent with CENTURY 21 MarketLink Realty MN Broker #20444572

2012 Earlybird House Hunting Starts Today

The Christmas cheer and celebration has come and gone, and the last week of the month is an enjoyable time to exchange gifts, shop for clearance bargains, and extend the spirit of the season through the week.  It's not as hectic as last week, with most of the shopping and decorating deadlines past.

Remember how many of us complained about how some merchants were rushing us into the season by putting up decorations and promoting Christmas merchandise, some as early as mid-October?  Many of us continued to express our opinions about rushing the holiday season until we suddenly realized that the rushing had evolved to the rush.  Time had taken the too early and changed it to  how am I going to get it all done on time.  Many of us don't consider the fact that we are not full time shoppers, and we probably do need more than just a few weeks if we're going to shop in a leisurely style and still accomplish our goals.

Home shopping is similar to Christmas shopping in that what seems like lots of time, or maybe even too much time is often barely enough.  Consider that the final definitive decision is really the notice to Mr. Landlord that you're not renewing the lease.  Some leases require as much two months notice of non-renewal.  If the lease ends in May, the notice of non-renewal may be due as early as February 29.  There's a lot to do between now and the end of February.

Although yoiu don't necessarily need an accepted offer by the time you tell Mr. Landlord you're moving out, you do need to know that you are willing to allow yourself the lifestyle upgrade.  You do need to know that you can get good financing terms, and that the payments will feel comfortable enough for your budget.  You do need to know that there are homes on the market that have the size, location, condition, and price that will make your lifestyle upgrade possible.

Although there is virtually no risk in working a little ahead of the calendar, trying to squeeze a few months' work into a few weeks makes a fantastic outcome a little more difficult.  Don't risk making a poor choice because you waited too long to get started.  Now is the time to arrange a convenient time for an initial home buying feasibility consultation.  It's an hour that will help you avoid poor decisions.  Call me now.

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Rainer
215,423
Colin Call
RE/MAX Integrity - Eugene, OR
Principal Broker

Hi Mike,  Great blog.  It's really easy to forget about what feels like a little thing to the Realtor, but what can end up being huge to the tenant. I am going to add you as an associate on Facebook in case I find my self with a referral to give in your area.  Can you reciprocate and add me as an associate as well and refer to me in the Eugene, Oregon area?  Thanks, Colin

Dec 26, 2011 12:13 PM #1
Rainer
18,998
Deven teaches Investing for Realtors. Up to 42X your commission with less work
Real Estate Faster - Los Angeles, CA

Those are all great tips for buyers!

Dec 26, 2011 12:17 PM #2
Ambassador
338,598
Emily Medvec
Keller Williams Santa Fe - Santa Fe, NM
Realtor, Santa Fe NM |CNE CRS RSPS | 505-660-4541

Mike, this is a great tip so applicable to first time home buyers who often forget the fine details in their rental lease. Suggested.

Dec 26, 2011 12:39 PM #3
Rainmaker
439,098
E.J. "Mike" Carlier
CENTURY 21 MarketLink Realty - Lakeville, MN
Lakeville MN

Colin, every year there are a few folks who show up on my virtual doorstep in April, and they want to upgrade to owning their own home.  If their credit history needs no corrections, and if they can make a quick decision, we get in under the wire, and they become homeowners.  In 2011, there were three clients who ran out of time and renewed their leases.  The most common issue is credit irregularities that could be fixed, but not instantly.  And, no matter how often and emphatically you tell them, there's always the one who goes out and buys that new truck.  Thanks for adding me to your associates list.  I will reciprocate.

Deven, thanks, I appreciate your reading and commenting.

Dec 26, 2011 12:48 PM #4
Rainmaker
439,098
E.J. "Mike" Carlier
CENTURY 21 MarketLink Realty - Lakeville, MN
Lakeville MN

Emily, thanks for reading and commenting.  Many first time buyers that I have represented seemed initially, almost apologetic that they wanted to start their shopping "so early." 

Dec 26, 2011 01:14 PM #5
Rainmaker
1,762,069
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Mike...I have appointments with 2 new client for this week.  One call came in on Christmas Day.   They were inpressed that I would answer on a holiday.

Dec 26, 2011 04:02 PM #6
Rainmaker
439,098
E.J. "Mike" Carlier
CENTURY 21 MarketLink Realty - Lakeville, MN
Lakeville MN

Bill, I knew you wouldn't miss a season opener:) 

Dec 26, 2011 04:40 PM #7
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Rainmaker
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E.J. "Mike" Carlier

Lakeville MN
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