It's a Buyer's Market

You've no doubt heard this line over and over again over the past few years

. Like many places across the country right now, there is no better time to buy a home than right now in Great Falls, Montana. Prices are low, and sellers are more than likely very willing to work with buyers to get their homes sold as easily as possible. Low prices attract buyers that perhaps would not have considered buying in the past. This is sure to help give the real estate market a boost in these trying times.

If you are considering the purchase of a house in Great Falls, your first step should be to contact a reputable real estate company and get set up with a knowledgeable real estate agent. A good agent will know the area well and be educated about recent market trends. A smart thing to do is interview a few real estate agents to find your best match. You will know pretty quickly whether you'll get along well with your agent. Different buyers and sellers want different levels of personalities and involvement. You may want your agent to be like a friend, or you might want them to act purely in a professional manner.

Once you choose your real estate agent, present him or her with a list of qualities you would like in a community and a home. This will help them narrow down the areas and neighborhoods to search, giving them a better idea of where to start before searching for the actual details of the type of home you would like.

Before you begin your actual, physical search for a home, most real estate agents will direct you to a mortgage lender who will get you pre-approved for a home loan. This is an extremely important step in the home buying process. It will tell you how much you can afford per month, preventing you from the misfortune of locating that perfect home and then finding that you cannot afford it. Most sellers will ask to see a pre-approval letter before accepting an offer as well.

Once you have your pre-approval, your real estate agent can begin to find that perfect house that meets all your requirements while staying within your budget. They can even help you find a really great deal by showing you foreclosures and short sales, which can help you stay way under budget.

Contact a real estate agent in Great Falls to learn more about the buying process, and enjoy the beauty of owning a home in gorgeous Big Sky Country.

It's a Buyer's Market

By: Becky Kelley

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