We often think that we know when the market is going to peak, but it’s impossible to know where the top is until we’re on the other side of it. Despite this, we consistently allow ourselves to believe that we’re able to time the market. That’s a belief that we need to get rid of.
With that said, when truly is the best time to buy or sell a home? My honest answer is that the best time is when you need to move because your family is growing or shrinking, or when you’re being relocated for work—whenever it makes sense for your life.
Suppose you’re selling your current primary residence and buying your new one: Regardless of what the market does, it won’t ultimately impact your pocket that much. Of course, it hinges on your keeping that primary residence for an extended period of time, but no matter when you do it, you’ll end up living through a down cycle into an up cycle.
So many home sellers are conditioned to think that VA buyers are somehow inferior because they’re buying with 0% down, but you shouldn’t adopt this same attitude. While other home sellers continue to ignore these buyers, you can sell quickly and with minimal hassle by dealing with them.
There are three reasons, in particular, you should consider doing business with a VA buyer.
First, they are very real and very motivated. A VA buyer moving to San Diego because they’ve been stationed here is moving here and moving now. They’re literally ordered to live here, so they’re not messing around about buying a home.
Second, their pre-approval is rock solid. Their job isn’t disappearing and their income isn’t changing, so you don’t have to worry about either of these pitfalls potentially putting the transaction in jeopardy once you’re in escrow. A VA loan that gets pre-approved is genuinely pre-approved and ready to go.