3 Tips for the Spring Homebuying Season

Spring buying season is here! With the weather warming up soon, everyone seems to have the itch to find their new home. It seems like all of America is looking for a house during this time. Some that wish to find a home are too nervous to even look because of pricing and competitive market. Others, like you, know the search must begin NOW if you’re going to find that home you’ve been dreaming of! Here at MHQ Mortgage HeadQuarters we are here to take care of the mortgage legwork so you can spend your time finding the new home that's right for you.

First-Time Homebuyers

If this is your first time buying a home, you came to the right place. Here are some tips to get you started.

1. Get prepped!
If you are looking at moving to a new location, make sure you thoroughly research. Take a drive to get used to the area and picture if you can see yourself living there. Stroll into local stores and restaurants and even “interview” locals to see what they have to say about the town. Get the scoop firsthand!

2. Get preapproved! 

Contact one of our agents and make sure you know how much you are preapproved for so you can realistically see what houses you can afford to look at.

3. Make an Offer! 

Once you get to know the area and think you’ve found your home, make an offer as soon as you can! As most people are aware, the sellers’ market is HOT! Unfortunately, as a buyer you need to be on top of it if you think you’ve found your future home, or it’ll go FAST!

Why Buy in 2022?

2022’s real estate market proves an opportune year to invest. Many historic events have affected the cost of buying a home now and in the future. Save your money and buy now, as the housing market may take another drastic change if you wait too long. Start your journey to finding your dream home soon!

Home Value & Interest Rates

Home prices are expected to increase year-to-year but at a slower pace. They most likely will rise, you cannot avoid that. But you can control buying at the lowest cost if you buy now. The sooner you find your home, the better because the cost of homes in general will continue to increase. And then there’s interest rates. While they’re low now, that may not always remain the case. Working with a seasoned mortgage broker to stay on top of the mortgage and interest rate trends will give you some insight on when to lock those interest rates in.

Got the Spring Homebuying Fever?

Don’t get caught in the chaos, be proactive! We would love to talk with you about realistically buying your home. The sooner you get pre-approved, the sooner you’ll be moving into your new home. If you are buying a home at the Lake of the Ozarks, consider MHQ - Mortgage Headquarters for your mortgage needs!

Mortgage Headquarters of Missouri, Inc
4824 Osage Beach Parkway, Suite 1
Osage Beach, MO 65065

Office: (573) 302-9990
Toll Free: (888)799-1206
Fax: (636)648-9917

NMLS # 1229111

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