Lake Havasu real estate differs from some other locations. We claim a higher percentage of out-of-area homeowners than many other cities around the country. We are a popular vacation destination for nearby California. Renting a place gets expensive if you come to the desert often enough. So, buying a vacation home makes sense. Also, we tend to be popular with retirees as well. No snow to shove and the temperatures remain moderate for most of the year. But being an out-of-state home buyer provides its own set of obstacles.
Out-of-State Home Buyer Tips
Find a Buyer’s Agent
Nothing beats word of mouth when trying to locate a good buyer’s agent. However, if you don’t know anybody who lives in the area, that could prove difficult. Search dedicated real estate websites like Realtor.com. When in town, make a point to visit open houses. This gives you a chance to see how a specific agent works in real-time. Ask them if they are a buyer’s agent. If you like your interaction with them, make sure to grab a business card. It’s important that you feel comfortable with whomever you choose to represent you, especially in an out-of-state situation.
Searching for Houses While Out of State
Thank goodness we live in a technological world. A quick search online unlocks just about any available Lake Havasu home for sale. Most include pictures. Some might even include a virtual tour. Let your REALTOR® know what you’re looking for as well as your budget. They’ll search for properties that fit your criteria. But that doesn’t mean you must then sit back and wait for their phone call or email. Instead, feel free to search online for yourself. If you see something you’re interested in, let your agent know. Then, they can check it out to see if it’s worth further inquiry and get back to you on their results.
Need to Sell Before You Can Buy?
When buying a vacation home, you don’t need to worry about selling your current property. However, if you plan on moving to Lake Havasu, that might entail selling your current house before the bank approves you on another one. Talk to your REALTOR® about the particular steps required to make this happen.