Don’t wait, buy now!
I know it sounds like a pushy salesman trick taught on every car lot in the country…”It might not be here tomorrow!” But when it comes time to making a home purchase, there is never a better time than right now!
Let’s preface that with a couple of things.
1. You must get your credit in line
2. You must have income
3. You must be able to get qualified for a loan
I guess what I am trying to say is that if it is your time to buy then you need to be ready to buy.
What I am talking about in this post is the mentality of “I’m waiting for the bottom of the market to buy” or “I haven’t found the right house” or “I’m scared!”
All of these stall tactics or procrastination can end up costing you more than you realize.
Here are just a few of the areas where you could lose; interest rates could rise, area home prices could rise, you will miss out on the tax deduction and the right home for you could be purchased by someone else.
Lets look at real numbers. If rates increased by ½ of a percent on a $300,000 loan, your payment will go up $100 per month. That’s $36,000 over the life of the loan. That hundred sure could buy a nice dinner every month for you. I'm still looking for the millionaire that doesn’t own some real estate!
Home Buyer Experts (HBE) is a buyers only agency with 100% of it's team working for the Real Estate Buyer.
If you are buying a home in the next 6 months and want to learn more about the process from an Exclusive Buyer Agent (EBA). Call HomeBuyer Experts at 330-328-3170 or you can email us.
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