Attention North Orange County Homeowners: If you have been on the fence about selling your home now is the time!I have been experiencing multiple offers in almost evey transaction that I have been involved with in the past few months. Each time that I have either presented an offer for one of my buyer in the cities of Fullerton, Anaheim, Buena Park, Placentia, Brea and Yorba Linda we have been up against at least 10 other offers!
This is great news for you if you are a home sellers.There are a few problems that we are encountering with this type of sudden shift in the market. The biggest issue is that the homes are not appraising for the sales prices. This can be worked through with an agnet with experience and knowledge of the area. ALso loans are taking a long time to close. Buyers and seller need to plan ahead for longer escrow periods. 30 day escrows are basically a thing of the past, unless you have a cash buyer!
Don't worry that Summer may be nearing the end. Buyers will be out all year long trying to take advantage of the great low interest rates.Also many first time home buyers would like the $8000 tax credit that they will receive if they close a home purchase this year. I am predicting a busy fall and holiday season this year!
If you are thinking of selling please call me. If I don't already have a buyer for your home I know I can find one for you very soon!
Written By Tina Maraj, Celebrating 20 Years of Residential Real Estate Sales!
Follow me on Twitter http://twitter.com/Tina4Homes
Fullerton Chamber Member and Ambassador
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