TODAY WE ARE GOING TO LOOK AT GETTING MOTIVATED TO MOVE. NOT BECAUSE IT IS A GREAT TIME IN THIS MARKET TO BUY AND SELL A HOME. NOT BECAUSE AGENT AFTER AGENT IS TELLING YOU IT'S A GREAT TIME TO BUY A HOME. NOT BECAUSE THE $8,000 TAX CREDIT MAKES AFFORDABILITY GREAT!
NO- WE ARE ONLY GOING TO TALK ABOUT WHETHER OR NOT YOU CAN AFFORD TO MOVE. IT'S REALLY THE NUMBER ONE REASON PEOPLE MAKE A MOVE IN THE FIRST PLACE. IF YOUR BANK ACCOUNT SAYS "WE CAN AFFORD A MORTGAGE PAYMENT" THEN YOU SHOULD BE READY TO MOVE. IF IT DOESN'T SAY THAT, THEN MAYBE WE SHOULD HAVE ANOTHER DISCUSSION ABOUT WHAT WE CAN DO TO HELP YOU GET TO THE POINT YOU CAN HAVE THE HOME BUYING CONVERSATION.
THE MOTIVATION QUESTION IS A TRICKY SITUATION. AS REALTORS, WE ALWAYS ENCOURAGE YOU TO BUY A HOME BECAUSE IT IS A GREAT INVESTMENT AND WILL ALWAYS GO UP IN VALUE. WELL, THAT REFLECTS LONG TERM TRENDS. IF YOU ARE JUST LOOKING INTO THE MARKET NOW, ALL YOU SEE IS HOME VALUES DROPPING. T.V., BLOGS, NEWSPAPERS AND RADIO TALKING ABOUT HOW BAD TH MARKET IS. THE FACT IS I BELIEVE THE BOTTOM IS CLOSE IF NOT ALREADY HERE. IT IS ALSO TRUE THAT IN A DOWN MARKET THAT HOME AFFORDABILITY INCREASES. IT ALSO MEANS THAT LOWER END OR STARTER HOMES ARE THE BEST VALUE AND IF YOUR A MOVE UP BUYER, THE DEALS ON MIDDLE INCOME NEIGHBORHOOD HOMES IS FANTASTIC.
THE REASON i WRITE ABOUT MOTIVATION, IS THAT ALL OF THE MOTIVATING FACTORS YOU SHOULD BE CONSIDERING ARE COMING TO AN END SOON. INTEREST RATES ARE GOING TO GO UP. THE TAX CREDIT WILL EXPIRE 11/30/09. PROPERTY VALUES WILL STABILIZE AND THEN INCREASE.
SO IF YOU CAN LOOK AT YOUR BANK STATEMENTS AND CAN SEE YOU CAN AFFORD $1,100-$1,500 OR MORE A MONTH, THEN YOU CAN AFFORD TO OWN A HOME RATHER THAN WAISTING IT ON RENT. SO, WHY NOT TAKE ADVANTAGE OF THE OTHER WONDERFUL INCENTIVES AVAILABLE TO YOU NOW?
CONTACT ME TO GET STARTED!
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