Are You Ready ? Or Just Curious ?

Dated: 01/14/2019

Views: 137

We are almost 2 weeks into the new year now, winter is still on us and we are looking at the housing market for new year and every home buyers, sellers or renters are wondering about what is good time to search for their new home or is it right time to sell their home.

Getting Familiar With Market Activity – If you are considering selling your home, one of the things you want to stay up-to-date on real estate listing in your local market. The more you know your local market, what kind of homes are selling, the price point and what repairs you need to get done before you put your home on the market. The better feel you’ll get for the market value for your home. If you market and price the home correctly you may have multiple offer situation. When it comes to pricing there is a great deal to consider, understanding how the price of your home is determined will help you make smartest (and the best) investment.

I can send you the information on current listings and sales that are comparable to your home and accordingly we can tailor the search to homes in your neighborhood. This way you will get complete picture of what to expect when you will list your home.

Is This Right Time To Buy Buying a home is more affordable than ever due to low mortgage rate, more options through lenders for first time home buyers and much more. Buyers should make a list of aspects/fetures that are very much important to them like budget, location, commute to work and other activities. Then It makes easier to make decision about what features can be negotiated with. And the basic rule of Real Estate – Location ! Location ! and Location !! still going strong. You can definitely change interiors/ remove wall paper or change the paint but can’t change the location. And Working with your Realtor make things easier for home buyers.

Is Renting Still A Good Choice? – It depends on your situation; your job and family are the key points to consider when you are renting. Rents are getting higher and higher, every year we have seen rent increase by at least 5% to 7% per month. Renting can be good but as you are ready to settle in one of your favorite town then buying your first home is a wise idea.

And believe me Homeowners and non-homeowners both strongly consider homeownership is part of the American Dream !!

Many renters think that you need a large down payment in order to buy home, and that mortgage payment is more than a rent payment. It may surprise you to know that you may actually be able to purchase a home with little to no money down, and you don’t need “perfect” credit either. With the potential tax advantage of a mortgage, your cost to own could be less than renting!

Wouldn’t you prefer to put your money towards a home of your own and enjoy the advantages of home ownership?

So what are you waiting for? Thinking of buying/selling or renting- have some questions related to real estate/housing market, better get your questions answered in person. Here for you – and happy to help in any way I can!

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