Keeping tabs on various blogs and websites, and I am dismayed at some of the buyers' (or perhaps) non-buyers' continuing fear that if they buy now, they may over pay for a house. Many pundits say we haven't hit the bottom of the market yet. But just when is bottom? When it's several months behind us.
A recent LA Time Article asks, "Should you buy a home now?"
I'm interested in seeing what other REALTORS say, what facts you back it up with, and how you illustrate why this is the best time to buy. How do you overcome buyer's fears?
- I've pulled up information from www.DQNews.com.
- I've given them links to, and copies of feature articles on home buying. One of my favorites is David Bach's Automatic Millionaire Homeowner (easy read, easy to understand)
- I research information on the history of the property they're interested in (like how much the home sold for last).
- I give them Home Buyer's Guide, walk them through the buying process.
- I've given them links to calculate Buy vs Rent as it applies to their situation.
- I've given charts on the 30 plus years history of the mortgage rates
What else do others do?
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