Land the home of your dreams without losing your mind and your wallet

Anna C Johnson
2 min readFeb 15, 2021

Low interest rates continue and so does the trend of the low inventory of houses for sale. Even the most qualified homebuyers are being outbid and left frustrated, or even paying beyond their means to secure a new home. What can you do to land the home of your dreams without losing your mind?

The best way to be competitive is to be prepared. Have the right professionals in your corner who are experts on the process and able to give you the best input available. Not only is it a unique market because of inventory and interest rates, but also because of the restrictions and precautions necessary to be safe in the time of COVID-19.

In some cases, sellers are requiring proof that potential buyers are pre-approved prior to being allowed to view the home in person. Pre-approval is the process of having a lender look at your credit report, assets, and other factors to pre-determine the type and amount of loan you can secure.

Being pre-approved makes you a more informed and prepared buyer. Knowing your budget and exactly how it breaks down for your monthly payment, your closing costs, and your down payment is CRITICAL. Before you go see homes, make sure you can become pre-approved through a reputable lender. This determines what range of homes is in or out of your budget.

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Anna C Johnson
Anna C Johnson

Written by Anna C Johnson

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Wisconsin-based freelance writer and blogger passionate about lifestyle, real estate, personal finance, and home/life organization.