Buying a home, selling a home, looking for homes, avoiding the home are all emotional activities. They are also business and need to also be a strategic and planned process along with the emotional. There has never been a better time to be in business, especially the business of buying and selling homes. Now is the time all indications point to it. Interest rates at a level not seen since the Eisenhower Days. The average interest rate since 1972 is 8.92%. In this period of time the average rate is twice what the rate is today. NOW is the TIME to buy, buy and hold, buy and rent, buy and sell. This lowered interest rate translates to thousands of dollars of lowered payments to you. So that is real fun. This is where you make the money in the buying of the house not in the selling. With interest rates at the lows they now are it is clearly the time to purchase property.
It is fun that there is a lot of inventory right now and there seems to be willingness to price homes more accurately to begin with. Consumer's are pulling up information about property from sites that aggregate it from other public sites, and so it can be inaccurate and old, but they are looking. The best houses get sold before they find their way to the consumer real estate sites. Finding the best house demands that you are more accurate and fast with what you want. Getting what you want is fun and they moved it to the Internet which is fun too, kinda. It does take a lot of time and it is easy to get sidetracked if you are not disciplined with your searches. It isn't that the process of real estate transactions are impossible to understand, or that anyone can't grasp the basic nuts and bolts of all real estate transactions, but a truth is the more dispassionately and strategically you can pursue the property on your terms the better. Work with a professional with a proven record. Ask your agent for their record and the way they think about the property. Go with the person who can best tell the story to the most people of specific interest for the property. That is how you sell for more money in a quicker period of time. Get your story told and let it be heard by the buyers who are savvy and scouring the market for the right deals. This activity is fun, what fun is moved?
The fun is moved or removed when you don't appproach the process with a good plan. It is not enough to want the most for the least. There are too many details and starts and stops and paperwork to be emotional through the whole process. Everyone wants the most for the least, but you have to define the most what and the least what? The fun is really moved to knowing what you are looking for and matching up as much as you can and deciding on what it is worth to you. That is all. It is all about you and what you want in this market. If you are going to make money in real estate whether you are an investor or a you make that at a time when interest rates are low, inventory is high and prices are near stable. Now is the time. The fun is getting exactly what you want for a price you love.
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