4 Reasons To Work With A Local Homebuying Team

When you’re starting the homebuying process, it can be difficult to know where to start. As a modern-day consumer, you’re probably starting your home search online and researched various options and companies for your home loan.

While there will be several factors that contribute to your decision—the most important should be the level of customer service and pro-active communication provided throughout the process, as well as finding a homebuying team that works well together.

Here are four reasons why you’ll want the guidance of a local homebuying team:

Receive individualized customer service and attention to detail

Buying a home is one of the biggest financial investments you’re going to make in your life, and you need a team who will meet with you face-to-face, answer your calls and texts, especially if you're a first time buyer. When you partner with a trusted local team, you know who you're working with throughout the entire process. When you have questions on nights and weekends, you’re able to call your loan officer or your agent and get the answers you need. You don’t have to deal with calling different hotline numbers and speaking with people that know your file number and not your name. 

Make your offer more attractive to sellers

In today’s market, we’re seeing that inventory is limited—meaning homebuyers could be facing a lot of competition from other buyers. When you submit an offer with a pre-approval letter from a local lender, it adds strength to your offer. This is because sellers or listing agents know that a local lender is accessible and that they won’t be bounced from department to department if they have questions or issues that need to be sorted out. They will also rest assured that they have more control over the transaction, making the potential for fall through much less.

Stay updated on local market conditions 

Local real estate agents and lenders have knowledge and access to local products and market conditions that national companies simply cannot offer. The programs and information can be a huge benefit for first-time buyers, saving money and time in your search. They’re also very knowledgeable about the local market, something hugely important when buying real estate. For instance, the process for obtaining flood insurance is going to be much different in a coastal region than it would be in a suburban inland area, so if you work with a lender who isn’t from a coastal area, there is bigger potential for mistake.

Find your homebuying pros for life

After you've closed on your home, the relationship with your local homebuying team doesn't end there! With a local team, you can still call them with questions, receive information on when it's time to refinance and know you have someone who understands your lifestyle and unique needs when you're ready to move again. There's nothing better than having peace of mind knowing you're in good hands when it comes to your family and your finances.