Today my broker decided to send lots of good and educative messages, and I am rolling the ball to everyone who is interested on some good articles!
THINKING POINTS FOR BUYERS
- The doom and gloom you're hearing about in the mass media should not affect your decision to act if you are ready, willing, able and eager to do so.
- Prices may still go lower, but as soon as they hit bottom, they will rebound with a vengeance, quickly wiping out any advantage you might gain by waiting.
- Right now, you have an unusually wide selection of properties to choose from, including those owned by people highly motivated to sell immediately.
- With so many potential buyers holding off, you have a much smaller number of people competing with you for the available properties.
- When the turnaround comes, those "waiters" will be your competitors, making your offer less attractive to those selling their homes.
- Financing is still available at historically low interest rates, but are sure to escalate when activity resumes at more normal levels.
- Even if you SHOULD pay a little more than you would if you actually hit the "bottom" of the market, normal appreciation would make the difference irrelevant within a few short years.
- If you as an individual ARE ready willing, able and eager to make a move, the time for action is NOW!
Tony
I believe this is very helpful!
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