market: THIS MAY BE YOUR TIME TO MOVE
- 02/15/10 02:39 AM
Have you been thinking about moving but don't know if the time is right? The opportunity you've been waiting for may be here. Because of low interest rates and government incentives, more potential buyers have been looking around. And since you may qualify for the new $6500 tax credit also, this may be the right time to move on or move up. Even though you may have to discount your house to sell it, you'll get a greater discount on the house you buy. And if you lose money on the house you sell you may be able to write those losses … (0 comments)
market: BE CAUTIOUS WHEN GETTING INTO THE REAL ESTATE MARKET
- 05/04/09 09:11 AM
For many renters, the first step in buying a home is becoming educated about the process. If you're like many people considering a home purchase, you've spent nights and weekends poring over your local real estate section. You've talked to friends and relatives about their experiences. Maybe you've even purchased a book or tow to help you become more familiar with real estate terminology and the various types of mortgages commonly used today. Coming up with a down payment and finding a loan that meets your needs are the greatest hurdles faced by first-time homebuyers. So, you may even have … (0 comments)
market: PRICE YOUR HOME RIGHT
- 05/04/09 09:08 AM
Why is it that some homes sit on the market for a year while others sell like hot cakes? Frustrated sellers will blame a bad market, while a good real estate professional will tell you that many times, a slow sale is often attributed to the listing price. If a home is overpriced, buyers will stay away. But, if the price is competitive with similar homes in the area and "shows" better than the competition, it will have a better chance of being sold quickly. The secret is perfecting a technique that's as American as apple pie: comparative shopping. … (0 comments)
market: VOLATILE MARKETS
- 05/01/09 11:06 AM
Hot Market - This is an extremely competitive market, one that is advantageous to the seller. Sometimes, homes will sell as soon as they are listed or even before homes are listed. Typically, during a hot market, multiple offers will be made on each home and more often than not, homes will sell for more than their asking price. It is even more crucial to be prepared and to be ready as a buyer when the market is hot. It can be easy to get caught up in the bid for a home, but if you are prepared (pre-approved, solid in … (0 comments)
market: GOVERNMENT INTERVENTION OR CONSUMER CONFIDENCE
- 12/29/08 03:47 AM
What's needed to bolster the economy is not more government help. It's genuine consumer confidence. Yes, unemployment is close to 10% in some areas, but that means 90% of able workers are employed. If a person is employed and has a stable job, this is the perfect environment to look for wealth-building opportunities. The market has many bargains, and real estate has not had such value in a long time. The consumer needs to be thinking about purchases that will appreciate over the years and not look for bargains on things that lose their value over time. The major hurdle is financing. … (0 comments)
market: Upgrading Your Home In A Down Market
- 11/25/08 08:03 AM
If you've outgrown your current home and can qualify for a loan, which is beginning to get easier with the recent $700B government bailout, this my be the right time for you to upgrade to your next home. many people want to wait to sell their homes until prices go up, which seems logical. But if you're going to sell this house in order buy a more expensive one, you'll lose out on money. If the market goes up you'll get more for your house, but you'll also pay more for your next house. Consider this. If the market is down 10-percent and you sell a house that … (34 comments)
Have you been thinking about moving but don't know if the time is right? The opportunity you've been waiting for may be here. Because of low interest rates and government incentives, more potential buyers have been looking around. And since you may qualify for the new $6500 tax credit also, this may be the right time to move on or move up.
;)
;)
