Buyers can't wait until "Season." Our sales traffic and the number of calls and appointments in our office show that buyers are not waiting until January, February and March to make purchases this year. Instead, they have been looking on the Internet and making fall trips to Florida, buying homes at great prices before the competition arrives.
Over 3500 homes for under $100,000. I checked our Multiple Listing Service today. There are over 3500 homes with list prices under $100,000 that are currently available for sale. What kind of house is that? On average, the home is a 3 bedroom home with 1422 square feet of living area listed for $76,000. Not interested in an old, fixer-upper? Note that almost 2000 of the homes on that list were built after the year 2000.
What about getting a loan? My partner, Rob Ricca, and I have been working with many buyers lately that are using financing. Our clients range from first-time buyers using FHA mortgages (only 3% down) to buyers who have obtained 30-year loans for less than 6% fixed interest. We have a number of lending sources to share with interested buyers that need financing.
Isn't real estate investing risky? Just as with any investment, it is wise to study before you buy. We can help you with the research. Are you considering a purchase for rental income and tax benefits? Are you interested in buying a vacation home? What about purchasing land at historically low prices? Is that a good idea? We'd be happy to hash out the pros and cons of any of these scenarios with you. There are some really great land deals and some terrific home buys that can provide you with instant equity.
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Tell your friends and family! If you've heard them talking, tell them to start their search today. We are seeing the best values leave the market after less than a week of activity. Call us today for a consultation and we can start sending properties via email.
Happy Thanksgiving! To all of our clients, families and friends, we wish you a Happy and Thoughtful Thanksgiving. We are grateful for all of the blessings we've received this year and wish the same for you!
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