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IT’S A GREAT TIME TO BUY; IT’S A GREAT TIME TO SELL:

By
Real Estate Agent with The Melcher Agency

If you are thinking about buying a new home now is a great time to buy and sell. Buying a house, or any kind of real estate, is a very large investment. Most of us are willing to wait for the perfect time. We want to sell when prices are running high, and buy when prices are on the low, just like anything else.

Here is why you don't need to wait. Predicting the fluctuation of the real estate market leaves even the experts baffled. It is not really in step with other markets, it's its own animal. So waiting to buy or sell until the market is in your favor runs the risk waiting far longer than you may have anticipated.

Still, here is the clincher. People in the market for a new house often times need to sell the one they currently live in first. This just makes good financial sense for most of us. Renting out the current house is an option, but finding a renter, actually obtaining rent from the renter and maintenance can all be costly endeavors. However, selling the current house provides a ready down payment for the new house. The result, most of us are selling a buying in the same market, whether the market is running hot or cold.

After selling your home while the prices were running high, it may be a difficult task to camp out in the woods for possibly the next ten years until the prices are low again to buy a new house. It all evens out in the end. Be savvy in negotiation, use a Realtor and you can get a good price to buy or sell in any market. For more in depth information on this and other interests in buying real estate check out www.realestateabc.com .

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