Highlights
There are a lot of misconceptions about buying or selling a home today, making it challenging to know exactly how to navigate the current real estate landscape.
Here’s a little clarity when it comes to 5 common myths about the 2021 housing market.
Let’s connect to discuss your needs and so you can decipher facts from fiction in our local market.
Myth #1: It's better to get pre-approved after you find the perfect home to buy.
Truth #1: You should get pre-approved before you find your home, so you know your budget and can make a strong offer.
Myth #2: Always start with your lowest offer when buying a home.
Truth #2: In a competitive market like we have today, you may not get a second chance.
Myth #3: It's better to price your house on the high side when you're selling.
Truth #3: A house that's priced competitively will likely sell faster and attract multiple offers.
Myth #4: Renovating your house will definitely net you more money when you sell.
Truth #4: Some renovations may be necessary, but not all. Your agent can tell you what's important to fix, and what's not.
Myth #5: It's safe to skip the home inspection if the house looks good.
Truth #5: You shouldn't skip the inspection. It could uncover hidden problems that might cost you down the line.
