Ignite FB Tracking PixelHomebuying Tips: How to Purchase a House at a Low Price - Jeannie Anderson
Alain Pinel, Realtors®

Homebuying Tips: How to Purchase a House at a Low Price

by Jeannie Anderson 12/01/2019

You know you want to make your homeownership dream come true sooner rather than later. At the same time, you still have no idea about how you'll acquire a great house at a budget-friendly price.

Navigating the housing market can be tricky, especially for those who are operating with limited finances at their disposal. Lucky for you, we're here to take the guesswork out of the homebuying journey and ensure you can discover a wonderful residence at a price that won't break your budget.

Now, let's take a look at three tips to help you buy your dream house at the lowest-possible price.

1. Analyze the Housing Market

The real estate market may seem complicated at first. Fortunately, homebuyers who collect and review housing market data can become real estate experts in no time at all.

Ultimately, homebuyers who know the ins and outs of the real estate market may be better equipped than others to get the best price on a house. These buyers can identify patterns and trends within housing market data and determine whether they're operating in a buyer's or seller's market. Then, once a buyer finds his or her dream house, this individual can submit a competitive offer to purchase that meets the needs of all parties involved in a home sale.

2. Get Pre-Approved for Home Financing

Getting pre-approved for home financing allows you to enter the real estate market with a good idea about how much you can spend on a residence. Thus, you'll be able to determine exactly how much you can afford to pay for a residence – and avoid overspending on a house – if you obtain pre-approval for a mortgage.

To receive pre-approval for a mortgage, you should meet with a variety of banks and credit unions. These financial institutions employ courteous, knowledgeable mortgage specialists who can teach you everything you need to know about home financing. That way, you can get the information you need to make an informed mortgage decision.

3. Collaborate with a Real Estate Agent

Hiring a real estate agent is essential for a homebuyer who wants to purchase his or her dream house at the right price. In fact, a real estate agent will go above and beyond the call of duty to ensure that you can avoid paying too much for your ideal residence.

Typically, a real estate agent will meet with you and learn about your homebuying goals. He or she next will craft a personalized homebuying strategy, one that allows you to quickly and effortlessly discover a high-quality and affordable residence. After you find your ideal house, a real estate agent will help you put together a competitive offer to purchase too. And if a seller accepts your homebuying proposal, a real estate agent will guide you along the final stages of the property buying journey.

Ready to make your homeownership dream a reality? Use the aforementioned tips, and you can find a top-notch house at a price that matches your budget.

About the Author
Author

Jeannie Anderson

Alain Pinel Realtors® is proud to announce our association with Jeannie Anderson. An integral part of APR is the collaboration of high caliber, capable professionals, and Jeannie certainly fits that profile.

APR is dedicated to excellence - and our association with Jeannie Anderson is a bright example. Jeannie Anderson, (GRI, SRES, CRS) is a real estate marketing representative who takes great pride in her business and community involvement.

Consistently in the International Top 100 Agents, Jeannie is celebrating 39 years of real estate experience. Jeannie has been featured in the San Francisco Chronicle & the WSJ, and is a popular consultant to the media.  In 2000 she became the youngest and only the 5th woman to serve as President of the SF Assoc. of Realtors in its 105-year history. She was awarded the prestigious "Agent's Choice" award by Pacific Union in 2000. In 2004 she was the recipient of the  "Most Inspirational Award", which was created in her honor. She and her husband previously owned Anderson Antiques for over 36 years, as well as Anderson Spa Warehouse. In her spare time, Jeannie is an accomplished musician and plays professionally with many well-known musicians in the Bay Area.

As Jeannie's clients will testify, her hard work, knowledge of the market, and superb service prove that she puts her clients first.

Reasons to work with Jeannie:

  • Positive can-do attitude
  • Excellent negotiator
  • Sense of humor and enthusiasm
  • Patient and conscientious
  • 36 years of experience

1982 - Present

  • Member of the San Francisco Association of Realtors
  • California Association of Realtors
  • National Association of Realtors
  • San Francisco Women's Council of Realtors

2003- Present

  • Member of the Contra Costa Association of Realtors and Contra Costa Women's Council of Realtors