You’ve made up your mind: the lush landscapes of Willamette Valley real estate are the apple of your home-seeking eye, and you’re ready to buy a residence. Whatever part of Willamette Valley you wish to call home, Willamette Valley isn’t any old parcel of real estate. Home to the state’s most populated (and popular) city, world-renowned vineyards, and two thriving rivers, buying a home in Willamette Valley is no insignificant act. Real estate this desirable is best accompanied by some helpful tips on how to maximize the joys and smooth sailing of buying your home in the glorious county of Willamette Valley.
Ask your agent about exclusive listings
Because the Willamette Valley real estate market is so popular, it can be helpful to ask your real estate agent about exclusive properties. The reason for this is that some of Willamette Valley’s brightest gems are not publicly listed to protect their MLS numbers. Your real estate agent is queued into a network of sellers and available high-end real estate that may not show up on search engines. Asking your real estate about any potential exclusive properties on Willamette Valley’s market can save you time and competition. You’re likely to tap into homes with the power to truly impress and meet the specific elements you seek in your Willamette Valley home.
Understand how the appraised value affects your financing
When you fall in love with a home and are free from the restrictions of a budget cap, who’s to stop you from making that purchase? It’s understandable to flirt with throwing caution to the wind when you can comfortably do so. However, should you pay a great deal more for a home if it’s marked up beyond its market value? Of course, that decision is ultimately in your hands. Though you may be able to comfortably afford competitively priced Willamette Valley homes for sale, this doesn’t mean your financing will come through. If you are financing the home, be sure you feel comfortable with paying cash for the difference if the appraised value comes in under the financing amount. Otherwise, you will need to add a contingency to your offer.
Don’t be afraid to negotiate the asking price
Your prospective dream home has been appraised, and you find out the asking price is noticeably higher than its appraised value. Now what? As noted earlier, of course, you are free to do as you like if negotiating the asking price to a price closer to its appraised value is of no concern to you.
Do not skip the home inspection
Your prospective home may be giving you all the feels: it looks nice, feels nice, and smells nice. The neighborhood or surrounding areas are oh-so charming. The home is a newer home designed by an award-winning architect. Put all these elements together, and it’s easy to believe that you don’t need a home inspection. Or that if you do, whatever issues you may find will be minuscule and manageable. Though the excitement and eagerness to close on a home giving the appearance of being everything you’ve been looking for is certainly understandable, it is crucial you do not skip out on that professional home inspection.