Here is a blog post that makes sense in todays market. A lot of people are waiting for the bottom, but what some of old timers know is that you never know what the bottom was until it's past.

Via Mike Jones (Tucson Mortgage Company, LLC):

It floors me when buyers tell me that on the advice of their CPA or Financial Advisor, they're waiting for the new administration to bring down mortgage rates to 4.5% before pulling the trigger. 

I believe that we're in the eye of a worldwide financial storm.  If you live in Florida or the east coast, you really understand the metaphor.  Maybe you're thinking that the storm is over. 

A mentor who lived through the holocaust in Europe used to tell me "There are possibilities in life, and there are probabilities.  Possibilities are endless.  Probabilities are a much narrower set of numbers. Act on the basis of probabilities.

I'm Mike in Tucson, your preferred Tucson, AZ Mortgage lender.
Mike Jones (Tucson Mortgage Company, LLC): Loan Officer in Tucson, Pima County, Arizona
Think of me as your Tucson mortgage expert.
Call me if I can help you with a mortgage to buy your next house:  (520) 349-9090

 

2 Comments on Waiting for 4.5% Money? It Could Cost You the Buy of a Lifetime!

JAN
06
384,568 Points 48 Featured Posts Localism Sponsor Outside Blog

SERIOUSLY!  THis is a great post and thanks for reblogging it as I missed it the first time around!

10:30pm • #1
JAN
07
110,007 Points

Larry, if all of us wait around for the right conditions for a proper decision, then we would never move. Good post.

Bo

7:59am • #2

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Larry Brewer Nashville real estate

Nashville, TN

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Keller Williams - Franklin tn

Address: 9175 Carouthers pkwy, Franklin, tn, 37067

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