For many buyers, summer is more than a popular time to move. It is also a chance to settle into a new home before the next school year begins.
But buying, closing and moving can take longer than expected. If you hope to be in a new home before classes start, June is the time to build your plan.
Here are five steps to help you get started.
1. Set your target move-in date
Start with the first day of school, then work backward.
Consider how much time you will need to move, unpack, update your address and complete any school-related paperwork. You may want to be settled several weeks before classes begin rather than moving at the last minute.
Once you have a target move-in date, your REALTOR® can help you create a realistic timeline for touring homes, submitting an offer, completing inspections and reaching closing day.
2. Get preapproved before you begin touring
A mortgage preapproval will help you understand how much you may be able to borrow and what monthly payment fits your budget.
It can also make your offer more competitive. Sellers often want to know that a buyer has already spoken with a lender and is prepared to move forward.
Gather your financial documents early, including income records, bank statements and information about your debts. Ask your lender how long the preapproval will remain valid and whether you should expect any additional steps before closing.
3. Research school and district information
School needs vary by household. Buyers should conduct their own research and decide which factors matter most to them.
Review information from school districts and other reliable sources. Consider enrollment procedures, transportation, academic programs, extracurricular activities, calendars and any documentation required to register.
School boundaries can change, so confirm current attendance information directly with the appropriate district. Do not rely only on a home listing or third-party website.
Your REALTOR® can provide objective resources and help you understand the communities you are considering, but the final research and decision should reflect your household’s priorities.
4. Prepare for the full offer timeline
Finding the right home is only one part of the process.
After a seller accepts your offer, the transaction may include inspections, an appraisal, title work, final loan approval and other closing requirements. The timeline can vary based on the property, financing and terms of the agreement.
Your REALTOR® can help you understand key deadlines, write an offer that reflects your goals and coordinate with the professionals involved in the transaction.
Starting early gives you more time to handle possible delays without putting your desired move-in date at risk.
5. Build flexibility into your moving plan
Even a well-planned home purchase can change.
A seller may need additional time to move. Repairs may take longer than expected. Your lender may request more documentation. Movers may also have limited availability during the busy summer season.
Ask your REALTOR® about possible options, including flexible possession dates or other terms that may help you manage the transition. Get moving estimates early and consider a backup plan in case your closing date shifts.
Why buyers should start now
A summer home search can move quickly, especially when buyers are working toward a school-year deadline.
Starting in June gives you time to prepare your finances, research communities, tour homes and respond when the right opportunity becomes available. It also gives you more options if your first offer is not accepted or the transaction takes longer than planned.
A REALTOR® brings local market knowledge, transaction experience and professional guidance to each step of the process.
Planning to buy before the school year begins? Connect with a Columbus REALTORS® member to build a timeline that works for you and your household.
