Buy with Favor

Realty Group

TIPS FOR BUYERS

In Today's

Housing Market

Who you choose to represent you as your buyers agent when buying a home in Happy Valley, OR and the surrounding areas has never mattered more than it does today. Our experienced agents understand the unique challenges of the local real estate market and are dedicated to providing personalized service to every client. We work closely with you to understand your needs and preferences, and use our expertise to help find the perfect home at the right price. We pride ourselves on our commitment to supporting local events and organizations, including our role as a title sponsors of the Happy Valley Summer Concert Series and our participation in the local Farmers Market. All of that to say, when you choose Favor Realty Group as your partner in buying a home, you can expect a joyful and honorable experience that puts your needs and goals first.

Get Pre-Approved

Are you planning to purchase a home this year? One of the first steps to consider is getting pre-approved for a mortgage. Our team at Favor Realty Group recommends you take the time to get pre-approved, as it’s an essential part of the home buying process. By getting pre-approved, you’ll be able to understand your true price range and how much money you can borrow. This information can make it easier for you to search for homes, especially in a higher mortgage rate environment. At Favor Realty Group, we have trusted lending partners that can help you get pre-approved quickly and efficiently.

Expand Your Search Area & Criteria

If you’ve been searching for a home in a specific area or the city center that is starting to feel out of your price range, you may want to expand your search area or re-prioritize your wish list. Our team can help you identify alternative neighborhoods or towns that could be more affordable and meet your needs. According to CNET:

“Area growth is likely to keep pace with the market, which means that the outskirts of town might be hopping within five years. Consider stepping out of your ideal location by searching in the nearby cities. You may find better prices and more square footage.”

At Favor Realty Group, we have a deep understanding of the local real estate market and can provide you with valuable insights on areas you may not have considered.

Explore Alternate Financing Options

At Favor Realty Group, we know that a variety of mortgage options are available with varying down payment and eligibility requirements. Our team of trusted lending partners can help you understand the different loan types and options available and find the best home loan for your situation. We have helped countless homebuyers explore alternate financing options to find the right solution for their needs.

Look for Grants, Gift Funds, and Down Payment Assistance

Securing the funding you need to purchase a home can be a significant challenge. At Favor Realty Group, we can help you explore options for down payment assistance and grants available in your local community. Our team can connect you with non-profit organizations and local governments that offer these programs, many of which are targeted to area borrowers and come with specific borrower requirements. We can also help you explore programs and benefits for individuals in certain professions or with unique statuses, including teachers, doctors, nurses, and veterans.

At Favor Realty Group, we are committed to helping you find the right home at the right price. Contact us today to learn more about how we can help you navigate the home buying process and find your dream home.

The Bottom Line

If you’re concerned about the rising costs of buying a home, know you have options that can still help you achieve your dreams today.