Time couldn't be better for buyers! Don't be on the fence! Tips for Buyers!

March 29, 2008

As the saying goes, "Buyer's Beware", this is a great time to consider a home purchase!!  The interest rates are down, you have many homes to choose from and with good credit, it's still possible to get a good loan.  So don't miss out.  Get yourselves qualified into a payment that meets your comfort zone and using that as your guide, you can't go wrong! 

Tips for Buyers:  Pay attention to the area where the home of your choice is located.  Talk to some of the neighbors to find out what you can about the neighborhood.  Ask how long they have lived there and is there anything that stands out that they like or dislike.  See how stable the neighborhood is by finding out if homeowners are moving in and out frequently.  It's a good sign if you see some remodeling going on which indicates homeowners plan to stay put.  Another good sign is if there are few listings and the ones that come on the market sell quickly.  This shows a demand for the neighborhood!  You'll also want to find out about the crime in the neighborhood and whether or not there is develpment planned in the area that might have a positive or negative impact on the neighborhood.  Also check into the general state of the local economy.  Are businesses hiring new employees or issuing pink slips?