If You Are Renting A House Now But Hope To Buy Soon, Start Looking At Homes Six Months Before Your Lease Ends


If You Are Renting A House Now But Hope To Buy Soon, Start Looking At Homes Six Months Before Your Lease Ends
By Scott Rogers • July 9, 2024
So, you are renting a home in Harrisonburg or Rockingham County now... but you hope to buy a home within the next year? I recommend that you start looking at homes for sale about six months before the end of your lease. Many leases require you to provide 60 days notice (or more, or less) as to whether you will renew or not renew said lease. Thus, you shouldn't wait too long to start looking at homes you might purchase. Furthermore, there still aren't many choices of homes to purchase in many price ranges in Harrisonburg and Rockingham County. Thus, you will want more time to consider new listings that pop up over the course of a few weeks or a few months, rather than just choosing from homes that are available for sale at a single moment in time. This is best accomplished by starting to look at homes several months before you need to secure a contract to purchase one. Finally, the longer you look at homes for sale, the better context you will have for what types of houses sell for what types of prices - which will make you a more informed buyer when you are ready to make an offer on a home you hope to purchase. So... if you're renting now, but hope to buy at the end of your lease... start looking at homes six (or so) months before that lease ends. Receive Updates by Email Recent Articles: There Are Plenty Of Types Of Houses That Exist That Just Are Not Available To Purchase Home Sales By Price Range In The City Of Harrisonburg Are You Compromising On Aspects Of Your Next Home That You Can Or Cannot Change Later? How Much Slower Are The Winter Months In Our Local Housing Market? Rockingham County and New Home Sales Drive Surge in Area Housing Market Find The Balance Between Optimistic And Realistic Home Pricing Room Size Is Difficult To Understand Solely From Real Estate Photos How Much Would You Value Not Having To Prepare Your Home For Showings? One Out Of Four Homes Is Taking Longer Than A Month To Sell Consider The Cost Of Your Planned Renovations When Planning Your Offer
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Nov 22, 2024 (unless otherwise noted).
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