5 new rules for today's homebuyers

By
Real Estate Agent with RE/MAX Shoreline New Hampshire & Maine

A recent article in Money magazine lists 5 new rules for today’s homebuyers. After reading the article I found that I agree with all 5 of them.

New rule 1: DO NOT try to time the bottom of this market. We may be there or close already or not. In any instance it’s very unlikely you’ll hit it at the exact bottom. Case in point; several years ago my wife and I decided to refinance our former home in west Knoxville because mortgage rates were falling. I had 5 different mortgage bankers and myself watching the market trying to figure out where the bottom was.

Read the rest of the story here.

Posted by

Jim Lee , REALTOR®, Certified Residential Specialist (CRS)

http://JimLee.com  RE/MAX Shoreline

100 Market St., Suite #200, , Portsmouth, NH 03801 Phone: (603) 431-1111 x3801

Visit New Hampshire Maine Real Estate.com to search homes, get Seacoast area information, and find out how great living on the New Hampshire and southern Maine Seacoast really is.

 

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Rainer
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MARK Z.
MARK Z. Home Selling Team-Keller Williams - Northville, MI
Guaranteed SOLD or I'll Buy It!

Jim, I love how you have just enough to tease someone and then they have to click and it re-directs to your site. Genious and a great idea. Good Job!

Jun 09, 2008 02:49 AM #1
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Brian Schulman
Coldwell Banker Residential Brokerage, Lancaster PA - Lancaster, PA
Lancaster County PA RealEstate Expert 717-951-5552

Good post, Jim.  By the time the mainstream figures out the bottom has come, the housing market will already be well along on its way back up.

Jun 09, 2008 02:57 AM #2
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Christine Donovan
Donovan Blatt Realty - Costa Mesa, CA
Broker/Attorney 714-319-9751 DRE01267479 - Costa M

Jim, good information, and I like the way we're redirected to your personal site, especially in a public forum.

Jun 09, 2008 03:02 AM #5
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Charlie Ragonesi
AllMountainRealty.com - Big Canoe, GA
Homes - Big Canoe, Jasper, North Georgia Pros

Great post and the rest of the article too. It should be sky written for all to see

Jun 09, 2008 03:03 AM #6
Rainer
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Stuart Dobson
eLoanRates.org - Thornton, CO

nice re-direct!  I read the same article in Money, they make some good points

Jun 09, 2008 03:07 AM #7
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Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

It's all good advice!  I especially like the one about buying quality.

Jun 09, 2008 02:38 PM #8
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Jim Lee
RE/MAX Shoreline - Portsmouth, NH
Portsmouth NH Realtor, Portsmouth, NH

Thank you one and all.

Jun 11, 2008 03:35 AM #9
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Rainmaker
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Jim Lee

Portsmouth NH Realtor, Portsmouth, NH
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