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If Opportunity is knocking - Why wouldn't YOU answer the door??

Why are YOU waiting to buy a home???

.........The Buyer - Wait and See

For the life of me I can't understand why Buyers' are hesitant to buy right now.

Here's what I see!

The prices of homes have come down - FACT
Interest rates are great - FACT
There is a large number of homes on the market which means You have a lot of choices - FACT
Real Estate is a great investment - FACT

So what are you waiting for????

Here's a scenario I thought summarized things perfectly.

This is from a recent Time Magazine article.....

Today		Cost in 12 Months
$218,800 - Putting 20% down 30 year fixed	Typical home price	$197,010 - if price drops an additional 10%
5.5% - current rates after recent declines	Interest Rate	6% - Recession ends, and the Fed starts to raise rates
$994.31	Monthly Payment	$994.94

Conclusion: If you wait a year to buy, you've gained nothing and are still living in a place you really don't want to be.

OPPORTUNITY IS KNOCKING ..... ARE YOU GOING TO ANSWER THE DOOR!????

Don't miss another opportunity. Call The Desiree Daniels Team and we'll be happy to help you. (609) 448-2222.

Contact Desiree Daniels, ABR, Realtor, and Licensed in New Jersey (609) 448-2222 or (609) 587-9300 ext 312. If you are interested in purchasing a property in Mercer, Burlington or Monmouth County. Or the Following Townships Robbinsville, Hamilton, Washington, Mercerville, Ewing, Lawrenceville, Hopewell, Bordentown City, Bordentown, Florence, Foxmoor, Town Center, Washington Town Center, Robbinsville Town Center, Sharbell
Copyright © 2008 By Desiree Daniels and The Desiree Daniels Team. Re/Max Tri County. All Rights Reserved.

Posted by Desiree Daniels on 03/28/2008 05:31 PM

Comments (22)

robbinsville new jersey real estate, buyer advice

Originally posted at: The Robbinsville Scoop: If Opportunity is knocking - Why wouldn't YOU answer the door??

Post is included in group: RE/MAX Active Rain Bloggers

22 Comments on If Opportunity is knocking - Why wouldn't YOU answer the door??

MAR

2008

That is a great post Desiree. I tell people that all the time, but they still think the market is going to get worse before it gets better. Your article shows what the diff. will be in payment, great job!

Desiree, for any buyer out there surely there's not a better time to buy. What negotiating power they have.

Desiree:

Great points that all buyers should be aware of. I hope it generates more business for you.

LIsa

Patrick - It just seems so logical to me. I hope the public starts paying attention to the facts and ignores the "drama" of the media

Well said! Love the magazine cover and the buttons...nice marketing :)

Great example, Dez. It's also important to note that the buyer who qualifies today, might not in a year as the mortgage industry continues to change. It is certainly time to buy.

Very true! What are they waitng for.....Terrie

Gary - It is true another great point buyers don't fully grasp and that's their negotiating power. Thanks for stopping by

To me if you can make your payment...now is the time to buy! Love your mag cover.. :)

Desiree - I agree! a great time for buyers, tons of opportunities!

Des, can I have an autographed copy of the mag cover ;-) Excellent points and in my market, buyers are beginning to see the light. Whew!

AWESOME ! GREAT WAY TO SAY IT. YEAH, WHAT ARE YOU WAITING FOR ???

Will 2008 be the year people will WISH they had bought real estate?

Desiree, great post. thanks for sharing. I agree, I don't understand what buyers are waiting on.

But Dez how does the Public know whose "facts" to listen to :)

MAR

2008

These are all true about the current market. The consumer needs our help in understanding the dynamics of this market,

Desiree, That certainly tells it like it is - I do sense that buyers are beginning to come "out of the woodwork". My activity has increased tremendously, Karen

Lisa - I hope it generates more business for all of us!!! Thanks

Shannon/Pinkie - Why thank you my friend..... you don't do a bad job yourself ;)

Lisa, Cute blog. Isn't that magyourpic.com a cute idea? Buyers just need a push right now, the media is scaring them to death!

Nice post. Evereyone needs a good does of optimism now and then.

Amanda - Another excellent point. With the ever changing standards in the mortgage industry who knows if buyer A from today could even qualify next year.

Certainly a vast majority of people that qualified in 2004-2005 don't qualify today.

Buyers are knocking on the door in my part of NH. Opportunities like we haven't seen in years and people are taking advantage of them. Thankfully!

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