Real estate market strong, but slowed by unprepared prospective buyers
KAMLOOPS — The Kamloops residential real estate market had another good month in April, up two per cent over the same month in 2016.
But Kamloops and District Real Estate Association President Cyndi Crossley says those numbers could have been even higher had some buyers gone through the right steps before putting in an offer.
Crossley says almost daily, the association hears about deals that have fallen through because buyers haven’t secured financing before making the decision to buy.
She notes prospective buyers should visit a mortgage broker first to be pre-qualified for financing, even before visiting their real estate professional.