60. The 5 Keys to Buy a New House Fast in West Palm Beach FL

We buy houses in West Palm Beach FLWe buy houses in West Palm Beach Florida. Moving to a new area? Just sold your home? Have a family and a dog who needs room to live and play? Trying to lock in a low-interest rate? Whatever the reason, sometimes you need to buy a new house fast. We are your local West Palm Beach FL home buyers, and we offer cash for houses in West Palm Beach FL.

Let’s waste no time looking at the 5 keys to buying a new house fast.

1. Get Finances in Order

Starting with finances means fewer surprises later.

Find Available Cash

Make note of where your cash is. Like most people, you likely have cash in multiple places: savings, money markets, checking, investments, Roth IRA (for 1st-time homebuyers).

Of this money, what can you access quickly without penalties? You don’t have to pool your money in one account yet, but know what you’re working with.

If you haven’t sold your home already, research your options. The more cash you can put down, the better you’ll come out financially.

Set Your Budget

Consider what you can afford.

Look at your overall budget. What percent can you put toward housing?

Remember not to max yourself out, especially if you’re a first-time buyer. Utilities, upkeep, and maintenance may be more depending on what you buy.

Get documents together

You’ll need proof of income.

If you’re self-employed make sure your financial statements are all neat and complete. If you’re an employee, request/save your most recent pay stubs.

If you have retirement accounts and other assets, start saving/collecting proof of ownership.

Start a file. Electronic should suffice at this point.

Get pre-approved for a home loan

Find a lender with reasonable terms. Be responsive and get that pre-approval letter.

Without it, many sellers and agents won’t work with you.

2. Be clear on your “must-haves” vs. your “that would be nice”

When you need to buy fast, this needs to be crystal clear in your mind. If you’re buying with someone, have a thorough discussion.

Make a chart. Label one side “must-have”. Label the other “would be nice”.

Make a list. Agree upon it. And then show it to your agent so everyone’s on the same page.

Don’t waste time looking at homes that are missing your “must-haves”.

3. Look in High Inventory Areas

It’s supply and demand at its finest. In areas where supply’s limited sellers will try to get more for their homes.

You may be competing with more buyers — bidding wars.

Instead, look for pockets of high inventory. Neighbors competing with neighbors to sell their homes means more options for you in a small area with more competitive pricing.

4. Work with a Responsive Agent

Interview your agent. Read their reviews. Be clear upfront that you’re looking to buy a new house fast.

A slow or overbooked agent makes the process of buying a new house crawl.

Look for a high-octane, energetic realtor with a team around him/her to keep things moving.

5. Be responsive

Little can get done without your say. Respond quickly to messages to keep the process moving.

Sell My House In West Palm Beach FL

When you need to sell fast to buy a new home in West Palm Beach FL, call (954) 519-7040 to get a cash offer. We buy homes fast for cash.

If you think you need to sell your house in Florida fast, then you may need us. We at Florida Cash Home Buyers are local homebuyers in West Palm Beach FL, and we’re helping local homeowners have a quick and hassle-free sale. If your West Palm Beach FL house qualifies, we can make you a quick and fair cash offer.

For more information or if you have any questions feel free to give us a call at (954) 519-7040 or fill out the online form and we will get in touch with you.

Omer Reiner

Omer Reiner is one of the owners of Florida Cash Home Buyers. He has been featured on many online publications over the years as he has extensive knowledge and expertise of the Florida Real Estate market.

Get More Info On Options To Sell Your Home...

Selling a property in today's market can be confusing. Connect with us or submit your info below and we'll help guide you through your options.

What Do You Have To Lose? Get Started Now...

  • This field is for validation purposes and should be left unchanged.