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Home Buyers Beware! | Fence Sitting Has Become A Thing Of The Past

By
Real Estate Agent with Christie's International Real Estate

fence sitting
Home Buyers Beware! Fence Sitting Has Become A Thing Of The Past......
 
sitting on a fence
With all the Inventory out there and the Interest Rates slowly creeping up, are you a Home Buyer that's been enjoying the scenery from the fence? We've worked with a number of Buyers in this new market of high Inventory who have been paralyzed with over-analysis.

Our experience has been that Buyers who think they can make low-ball offers may be surprised to learn that there are other Buyers who may have seen the same house but were willing to make offers closer to the Seller's asking price.  Guess what? The days of fence sitting are coming to an end.

When we represent a Buyer, we're happy to present our Buyer's offer because when the inventory gets high, negotiating a lower price becomes more acceptable. Read more >>>>>

If you find the home that fits your needs but you don't want to pay too much for it, review the best strategy with your Realtor®. Read more >>>>>

Indecision could cost you the house of your dreams! If you fell in love with a home, the chances are usually pretty good that there is another Buyer that fell in love with it too. Read more >>>>>


Home Buyers Beware! Fence Sitting Has Become A Thing Of The Past.......

 

The price is only one piece of the Real Estate puzzle. Talk to an experienced Realtor® when you begin your house hunting search. Read more >>>>>

sitting on a fenceThe saying goes "Everybody Wants What Everybody Else Wants and Nobody Wants What Nobody Else Wants". 

When choosing a Home to Buy in Bergen County, New Jersey click here and find out Why Buyers Choose Us! >>>>>

When the interest rates start to climb the chances are that you may have waited too long sitting on the fence because this may be an indication that the market is changing over.

Home Buyers Beware! Fence Sitting Has Become A Thing Of The Past

Posted by

If you or someone you know is planning a Move or Sale of their home in the near future, call for Bergen County New Jersey Home Sale information, Bob Hammerstein & Lisa Hammerstein at (201)315-8618.  We'll be able to help you if you're Buying or Selling Bergen County New Jersey Homes.

For more Local Information about Bergen County, New Jersey, visit us online at www.HammersTeam.com

Your Real Estate Resource for Bergen County New Jersey Homes For Sale - specializing in the Pascack Valley area!

Christies International Real Estate

Robert & Lisa Hammerstein • Sales Associates • Christies International  Real Estate

Office:
(201)476-0777

Direct Cell:(201)315-8618


• Address • 313 Broadway
  

  • Westwood, NJ 07675 •

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DISCLAIMER: We must disclaim liability for any damages or losses, direct or indirect, that may result from use of, or reliance on, any information contained in this blog, or for the accuracy of comments or opinions expressed by visitors to our blog. The information contained in the articles is deemed reliable but is not guaranteed, and the opinions expressed in these articles are ours. Any party who uses this material  including Photos without the written permission of Robert and Lisa Hammerstein is subject to copyright infringement and possible lawsuit.





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Robert and Lisa Hammerstein - Agent at Keller Williams Valley Realty

Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

Hello Robert and Lisa,

So true, fence sitters are no longer in the Dallas area...buyer's have learned they have to act quickly on a home or it will be gone.

Have a lovely Sunday!

Mar 25, 2012 06:27 AM
Robert Hammerstein -
Christie's International Real Estate - Hillsdale, NJ
Bergen County NJ Real Estate

Lisa - Thanks for stopping by. It's a busy time here in the Northeast as well..... Homes are getting snatched up quickly... Buyers don't wait around.... the market is turning....

Mar 25, 2012 06:43 AM
Craig Rutman
Helping people in transition - Cary, NC
Raleigh, Cary, Apex area Realtor

Whether fence sitters are waiting for prices or interest rates to go lower, trying to time the market is a huge mistake. I say get off the fence and buy a home... while you still can.

 

Mar 25, 2012 06:44 AM
Robert Hammerstein -
Christie's International Real Estate - Hillsdale, NJ
Bergen County NJ Real Estate

Craig - We couldn't agree more.... Watching the interest rates is a sure sign the times they are a changin.... Thanks Craig

Mar 25, 2012 06:48 AM
David Burrows
Classic Realty - Fairfax, VA
No Pressure, Just Seriously Devoted to Real Estate

You are right - Interest rates are creeping up and now is a good time to buy. Thanks for posting.

Mar 25, 2012 07:33 AM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I've seen it happen too many times where a buyer loses the house he wants because he waited, or tried to play 'how low will you go' with an REO property.  If the value is there, and the house is a good deal, don't try to steal it, or over think the situation. BUY IT, or someone else will.

Mar 25, 2012 07:37 AM
LaNita Cates
REMAX of Joliet - Joliet, IL

Great post! These buyers need to wake up and realize that there ARE other buyers out there! My buyers are shocked at how busy I am working with so many buyers. THey think they are the only ones looking at homes!

Mar 25, 2012 07:48 AM
Karen Baker
Sunset Beach and Beyond Realty - Sunset Beach, NC
Professional Help with Rapid Responses...
You are absolutely right about the folks on the fence. We have go Ed going on the market and swiftly going into contract. With prices that areole affordable and interest rates at an all time low buyers have to be crazy to keep sitting on the fence no matter where they live!!
Mar 25, 2012 08:48 AM
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Robert and Lisa - YES and well said.  Giving a Like and suggest of the day on this one my friends!  I like your photos on fence sitters on your post too.  Great presentation!

Mar 25, 2012 02:11 PM
Bill Gassett
RE/MAX Executive Realty - Hopkinton, MA
Metrowest Massachusetts Real Estate

There is no doubt that many markets around the country are now changing. Sometimes you need to react quickly if you want the home!

Mar 25, 2012 09:49 PM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello Lisa and Robert -- this message is great and your links are quite helpful.  How many times have we heard from buyers -- we coulda and shoulda bought that home?

Mar 25, 2012 10:45 PM
Robert Hammerstein -
Christie's International Real Estate - Hillsdale, NJ
Bergen County NJ Real Estate

Hi everyone... Thanks for all the comments. We certainly appreciate it..... Sorry to not be able to comment indivdually right now but we wanted you to know that we really appreciate you stopping in...

Mar 27, 2012 07:57 AM
DeeDee Riley
Lyon Real Estate - El Dorado Hills CA - El Dorado Hills, CA
Realtor - El Dorado Hills & the Surrounding Areas

Lisa and Robert, 

I think this phenomenon is going to hit many people in that way.  Things are already changing her in El Dorado Hills!

Mar 27, 2012 01:17 PM