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BUY NOW NOT LATER!!!
WHAT THE CURRENT ECONOMISTS ARE SAYING..... "BUY NOW NOT LATER!!!!!" By: Roxanne Krauss
In today's market the old cliché "timing is everything" has become an important way of daily living. Households stretched like rubber bands and ready to break at any given moment are already tested when suddenly the next challenge comes knocking on the door. Your investment decisions can make or save you money in the long run. In this downturn market, financial experts forecast that price corrections have been made and we have reached the bottom in certain regions. Interest rates are under 6% and VA loans are at 100% financing. I recently
I recommend that you accelerate your search. There are many methods to deliver listings to you- putting you ahead of the game. Find your dream home and when you are ready to move forward you will need to be pre-qualified to write an offer. You are a phone call away of being ahead of the game adding dollars to your valuable investment future.
Roxanne Krauss PA 727-896-1800
ARE HOMES REALLY SELLING THESE DAYS? By: Susan Senger
First- PRICE- I know, I know... we all want as much as we can get for our home. But, whether
Maybe you don't have enough equity to price it for the competition; in that case, perhaps you should wait a bit to sell. It's a tough nut to swallow-but it is reality! Remember, it is a "Move or Stay Put" decision and the decision is yours.
Second- APPEARANCE & CONDITION- There are so many homes for sale that yours must stand out among the rest to get an offer. Take the time to trim the bushes, repaint the walls and fix that broken window. Curb appeal is crucial- if you can't get them in the front door, you don't have a chance. The property should always appear light, bright and smell great. Buyers make up their minds in the first 60 seconds whether they like a property or not - so don't skimp on making a lasting first impression.
You have probably heard about "Staging" your home. That is the really popular thing right now. Professionals come in & help you to stage your home for buyers; interior design with prospective buyers in mind. This can be very effective!
Third- LOCATION- Where the home is located makes a big difference to folks these days. Make sure buyers know all the amenities around your property - YMCA's, shopping, playgrounds, beaches, how long to the airport etc. Everyone is different and not looking for the same things, so don't take it to heart if they don't want your house. How boring life would be if everyone liked the same things!
Consider the use a professional Realtor. There are so many things that can happen with the sale of a property that you don't want to attempt it yourself - would you go to court without an attorney? Probably not. Statistics show that homes listed with a Realtor sell for more money and faster than those without the services of a Realtor. The most important thing is that you use a Realtor you feel comfortable with - ask around - get a referral ..... and listen to the advice you are given! Most importantly, HAVE PATIENCE in this market!
I am proud to be a Realtor and assist people in finding their dream home. If you have any questions please feel free to contact me. I would be happy to offer a consultation.
Susan Senger works in real estate full time with her husband, Gene at Keller Williams Realty In Palm Harbor, Fl. She can be reached at:
Susan & Gene Senger The Senger Team Keller Williams Realty 727-781-0917 |
watched a panel discussion with members from various sectors of the financial industry discussing where we are headed in this market. The economist for Bank of America said that they stepped up and bought Countrywide, making short sales available, but losses must be made up from somewhere and it will fall on increasing interest rates. A spoke person for FHA said that in order for them to continue writing affordable loans monies will need to come from taxes to make up the shortfall. So, if you have been sitting on the fence to buy from this vast inventory of available homes- the interest rates are there. Short sales and pre-foreclosures are yielding multiple offers with up to 3 months waiting time to see if the bank will except what you have offered leaving you tied up and unable to choose another home from this large inventory of options. We don't know what tomorrow will bring but if forecasters are right then the time to buy is right now. It is important that you are prepared to buy when that dream home is found because tomorrow is not a given anymore.
you are downsizing or buying a bigger house- you will make it up on the buying side. There are great deals out there, and if you don't price your property well, you will be sitting there for a long time. Don't listen to your neighbors, co-workers, friends and family- enlist the help of a professional Realtor to help determine your asking price. The real estate market determines the value of your property, not any of us!
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