West Cleveland Suburbs ~ Home Buyer Tips ~ #2 - Where IS that crystal ball??

Here's Tip #2 of the Top 10 Tips To Take the Stress Out of Homebuying:

2. Remember, there's no "right" time to buy, just as there's no perfect time to sell. If you find a home now, don't try to second-guess interest rates or the housing market by waiting longer - you risk losing out on the home of your dreams. The housing market usually doesn't change fast enough to make that much difference in price, and a good home won't stay on the market long.

Everyone wants a great deal – whether it’s a low interest rate or the best price for a house (low for the buyers, high for the sellers). Interest rates change daily, and we can’t predict which way they’ll change! Waiting for them to go lower could cause you to lose that great house you saw on the internet a couple of weeks ago. You know the one – great landscaping, perfect street, close enough to the highway to get to work, but not soooooo close that you can read the license plates on the passing cars. : )

Plus new home buyers are coming out to shop every day. The $8000 First-Time Homebuyer tax credit is making a huge impact on the housing market. This means even more competition for that great house!

Wait too long for the rates and/or prices to scoot down even further, and when you call your realtor to say, “Ok, let’s go see that house at 123 Main Street!” you’re likely to hear, “I’m so sorry, but that one has been sold.”

Trust your gut. If you see “the one”, get the ball rolling and go for it!

Home Buyer Tip #1

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