What to Know When Shopping for a Home in a Seller’s Market

Our weekly #CreditChat started in 2012 to help our community learn about credit and important personal finance topics (e.g. saving money, paying down debt, improving credit scores). Each chat is hosted by @Experian on Twitter and all are welcome to participate. DM us any questions.

This week we’ll discuss crucial money advice for new home buyers.

Topic: What to Know When Shopping for a Home in a Seller’s Market

When: Wednesday, May 19, 2021 at 3 p.m. ET.

Where: Twitter chatroom or join the live hashtag discussion.

The panel will include Andre Albritton: Investing expert, podcast host, speaker and founder of The Millennials Next Door; Devon Thorsby: Real Estate Editor for U.S. News; Beverly HarzogCredit Card Expert and Consumer Finance Analyst for U.S. News; Leslie H. Tayne, Esq: Founder and Managing Director of Tayne Law Group, P.C. (f/k/a The Law Offices of Leslie H. Tayne, P.C.); Lawrence D. Sprung: CFP® President of Mitlin Financial, Inc.; Rod Griffin: Senior Director, Consumer Education and Advocacy, Experian; Christina Roman: Consumer Education and Advocacy Manager at Experian.

Gift Card Giveaway

Enter here for a chance to win a $50 Amazon gift card! We will be announcing a winner at the end of the chat. Entry Period: Raffle open now and closes at the end of this chat at 4 p.m. ET. Complete rules here.

Questions We’ll Discuss:

  1. What should you know about the current state of the housing market?
  2. How can you decide if it’s the right time to buy?
  3. How can you determine how much house you can comfortably afford in this market?
  4. What should you look for when you choosing a realtor?
  5. How can you prepare your credit prior to applying for a mortgage?
  6. What are some financial mistakes to avoid when preparing to apply for a home loan?
  7. What is the difference between being preapproved and prequalified?
  8. In addition to the mortgage and down payment, what are some unforeseen costs associated with purchasing a home?
  9. How can you set your offer apart from others without compromising your financial situation?
  10. How can you be your own advocate as a homebuyer in a seller’s market?

Check out our complete list of upcoming personal finance Twitter chats here.