For those of you planning to buy a home, now is the time, or at least you should consider it before the middle of the year. Home sales numbers recently released by the National Association of Realtors are still showing a slowdown.  In most markets, this means that home sales could still be heading down, creating motivated sellers and mortgage consultants desperate to find qualified borrowers.

     For most of you this may be the best opportunity to buy a home.  Prices aren't going to go too much lower if you agree with the market analysts and mortgage interest rates are still really low. This means that you are likely to get a good deal on both a home and your mortgage financing.  So if your even thinking about possibly buying right now, you should seriously be looking into it.  And as for us brokers and agents, we need to be addressing this to previous and current clients who are just sitting on the band wagon waiting for the next day to come. 

     Make your day a great one!

 
Post is included in group: Indianapolis Mortgage News and Blog

1 Comments on Purchaser's Heaven!!! 04/10/2008

APR
10
2008

Indeed this market is great for those who are buying but what do you do if you want to move and currently have a mortgage? It seems like only those who are first time buyers are benefiting from this market. I was talking to a friend today who's interested in "upgrading" but believe the loss of money or difficulty in selling their current home outweighs their desire for something different. Being limited in knowledge of how these things work I was unable to offer any advice so I'm curioius as to how you would handle this situation.

4:54pm • #1

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Jacob Webster Indiana's Senior Mortgage Consultant

Zionsville, IN

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Sagamore Home Mortgage, LLC.

Address: 220 W. Washington St. Suite B, Lebanon, IN, 46052

Office Phone: (765) 482-4866

Cell Phone: (317) 517-4286

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