Anna's Blog

Many buyers that I meet are currently renting. Buyers that plan to make the shift from renting to buying often ask me when is the best time to start househunting before their lease is up.

While there is no definitive answer, there are a few things to consider. First, it's important to sit down with a lender as soon as you have decided you want to purchase. Visit your local bank or credit union, or contact me and I can recommend some great lenders. A lender will offer very useful advice for a buyer's situation - they will review credit, employment, asset, and rental history and recommend a basic time line to consider following for purchasing a home. 

Once preapproved with a lender, I like to meet with buyers to, among other things, discuss a gameplan for purchase. I can explain various strategies for timing a purchase and a lease. 

Overall, if you are interested in homeownership, call me and we will discuss your situation. I have worked with clients that have 30 days before their lease is up as well as 300 days. Together, we'll devise a plan that works for YOU!