Today’s Real Estate Market
With a wide variety of investor and interest rates still at historical lows, now is the perfect time to purchase your dream home. Home ownership is also the key to building personal wealth. It’s a perfect time to contact a REALTOR such as myself to discuss your needs and explore the possibilities available to you.
It’s a particularly good time for First Time Homebuyers. Provisions in the Stimulus Package provide up to an $8000 tax credit. See my article on this »
Tips for Buyers
Real Estate licensees who are members of the National Association of REALTORS are called REALTORS. A REALTOR will provide the following services:
* Offer industry expertise specific to your market
* Analyze potential homes that match your wants and needs
* Keep you informed during the process
* Negotiate on your behalf
* Answer questions with competence and speed
Get Pre-Approval
Pre-approval gives you the opportunity to increase bargaining and negotiating power by:
* Estimating your mortgage payment
* Setting a realistic range you can afford
* Addressing possible qualification issues ahead of time
* Facilitating a faster closing period
Negotiate
Buyers have their share of homes from which to choose in today’s maret. Negotiations among sellers and buyers (and their respective REALTORS) have reached a new level of importance. Negotiation in a buyer’s market is not limited to price reductions. Incentives can include:
* Upgrades in the purchase of a new construction home
* Financing packages such as seller paid closing costs
* Higher levels of service
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