The TRUE COST of home buyer "Procrastination" (Waiting!)

By
Real Estate Agent with RE/MAX Results
https://activerain.com/droplet/54qv

Procrastination can be a dirty word that costs you far more $$$ later, than it will now...

 

  • Cost of Waiting to Buy is defined as the additional funds it would take to buy a home if prices and interest rates were to increase over a period of time.
  • Freddie Mac predicts that interest rates will increase to 4.8% by this time next year, while home prices are predicted to appreciate by 4.9% according to CoreLogic.
  • Waiting until next year to buy could cost you thousands of dollars a year for the life of your mortgage!

 

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Rainmaker
1,048,973
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

People are well aware of missing out and are rushing to get into a property. It is especially true on low end. Almost all < 1M properties have multiple offers on first week. 

May 07, 2017 08:31 AM #1
Rainmaker
142,596
Diana White-Pettis
Bennett Realty Solutions - Upper Marlboro, MD
GRI, CDPE, CNE, WHC Upper Marlboro Homes for Sale

Procrastination can be costly for sure.

May 07, 2017 06:28 PM #2
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Rainmaker
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Stieg Strand

Always showing up and working hard for you
I am ready to help you, just let me know how...
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