Buying homes for sale in Lake Tahoe is a multifaceted experience. While it is not meant to be stressful, there is a LOT that goes into it from finding the right Lake Tahoe Realtor, touring MANY homes, paperwork, negotiations and so much more. Add in a pandemic and the real estate experience becomes a bit more complex. Interestingly, real estate in the U.S. is on fire right now with record low inventory, historically low interest rates and incredibly high buyer demand. As a buyer, what can you expect currently? Read on!
Find a trusted Lake Tahoe Realtor. This is the key to a good experience no matter the kind of market. We are there to act as your advocate, your guide, help you see things you wouldn’t otherwise know to look for and negotiate on your behalf if things start to go sideways.
Getting qualified is necessary. With stay at home orders in place and mask mandates across the country, sellers don’t want people in their home unless they are a qualified buyer with proof of funds. This actually benefits buyers though: It allows you to know how much you can actually afford which saves you time so you are only focusing on homes that match your search criteria and budget. This also saves time for your Lake Tahoe Realtor and sellers.
Get used to searching for homes for sale in Lake Tahoe from the comfort of your home. While every market is different, virtual viewings are a good place to start even if you can view in person. Understand that photos sometimes make spaces look bigger and brighter. Be sure to look out for any pictures that looked stretched or distorted. Also be sure to watch out for images focusing on certain areas more than others. For Example: If most of the photos are of the exterior, it could indicate the interior needs some TLC.
Don’t expect a lowball to be well received. Yes, we know. We are in the midst of a pandemic. However, as noted above, these conditions haven’t given way to a buyer’s market. In fact, homes for sale in Lake Tahoe are selling in record time with multiple offers. So, if you come to the table, come with a competitive offer.
For more information, give me a call. I would be happy to help!