You will need your financing lined up ahead of time so if you find a property you like you can move on it immediately. Will this be a cash deal or will you require financing? If this is a cash deal we will need the Proof of Funds in hand so we can submit it with the offer and show the listing agent and seller we are capable of buying the home. If this is a finance deal we will need to get your preapproved. I have lenders that can help you with this should you need them. Once you pick a loan officer have them supply you with a preapproval letter. We will submit this to the seller along with our offer to show them you are ready and able to get a loan for the home. We can not submit any offers without one of these 2 documents.
Secondly, while you are getting approved or getting the POF (proof of funds) we can start sending you homes that match your search criteria. This will give you an idea of what type of homes are available at what price range and you will also be able to get a feel how long these properties are staying on the market. This way once you get your documents in order you will have a good feel for the market and be ready to make your move. The best way to get me your home search criteria is to fill out the "Buyer's Form" at this link: http://lvrealestatehelp.weebly.com/buying-real-estate.html
If you would like to learn more about why the inventory is low, the effects of Assembly Bill 284, and how to prepare a strong offer, then click here.
If you want to hear about the possible softening of the market when the Legislature meets next month then click here.
I hope this is informative and helpful! If myself or my team can be of assistance to you please let me know.