Did You Get The Memo?

Real Estate Agent



Did you get the Memo?


NOW is the TIME to BUY a home.



NOW is the TIME to BUY a home.



NOW is the TIME to BUY a home.



NOW is the TIME to BUY a home.



NOW is the TIME to BUY a home.





One of the largest monthly bills that the typical family has in their monthly budget is the Mortgage payment on their home.  With home prices and interest rates at the incredible lows that they are RIGHT NOW there could be no better time to buy that home that you have wanted and to get a mortgage payment  that will afford you to live a lifestyle that includes some of the enjoyable things that you would like to do in addition to owning a home.   Savings in dollars that could be used toward clothing, education, food, entertainment and family vacations.

Low home prices and Low interest rates mean lower than rent mortgage payments.  Why rent when you can own your own home?  Rent payments are final....when you pay that monthly rent payment it is gone forever.  When you make a mortgage payment it is reducing your mortgage balance and building your equity in your home.  You also enjoy the tax benefits of deducting your property tax and mortgage interest payments. 

With inventories running high there is an abundance of home available for you to choose from.  You will be more likely to find the perfect home that suits the needs of you and your family.  You might even be able to get that EXTRA room that you have been needing.  A place for the kids to have a Playroom or that Home Office that you have been needing.  The possibilities are endless.

Home Sellers are not the only ones that are motivated.  With the slow down in New Home Starts there are Developers with Lots that they need to remove from there inventory.  These lots have been released to sell at reduced prices  to Individuals and not just Builders.  Your situation may be that you just need to purchase the lot now and build your home later.  Or you can select a lot and floorplan and be moving in about 6 months from now.  (Just in time to qualify for the First Time Homebuyers Tax Credit deadline of July 1, 2009).

A very important point to remember is that historical what comes down will eventually go back up.  It happens in the stock market, it happens at the department store, it happens at the gas tank and it WILL happen in the Real Estate Market.  Don't be the one that is looking back and saying " I sure wish I had bought that house when the price was lower and the interest rate was incredible".

Prices & Interest rates can go up

DON'T LOOK BACK AND SAY "I didn't get that MEMO"Just give me some insight on what your needs are.  What is the best area for us to concentrate on based on your job or a particular school district.  What price range do you need to stay in?  Not sure?  Let's get with the Mortgage Company and find out.  How many bedrooms?  How many baths?  Do you want a basement or prefer walking out ground level?  Do you like the idea of living inside a neighborhood or do you prefer more privacy? 

Once I have the details I can lay the ground work and get busy researching the market to decide which homes are the best for us to go and preview.  It is an EASY process and you will be moving into your new home in no time.

Click here to search the MLS




Debbie Hutchins at Re/Max First Choice

          “My goal is to apply my professional experience and training to the 'personal needs' of each and every client

to guide them comfortably through their real estate transactions.”




Posted by

About the Author

Debbie Hutchins served as a Certified Residential Specialist and licensed Realtor in Alabama from 1987 until 2010.  

We hope you have enjoyed reading and hope you will come back!  You may also subscribe to "debs doodles" and have it delivered to your email! 




Patricia Kennedy
RLAH@properties - Washington, DC
Home in the Capital

Debbie, good memo!  Lots of people need to read it! 

Dec 07, 2008 01:39 PM
Valerie Springer
Benchmark Mortgage nmls 2143 - Birmingham, AL
Home Loan Officer AL, FHA, VA, Conventional and Re

Getting the word out has certainly become your mission!  Great post and thanks for adding a link to me.  I am going to re-blog this one!

Dec 07, 2008 01:40 PM
Tony Orefice
NorthGroup Real Estate/ - Concord, NC
Realtor- Cabarrus County, NC

Thanks for sharing this info.

Dec 07, 2008 02:41 PM
Barb Averell
eXp Realty - Pittsburgh, PA
I strive to be a trusted real estate adviser

Thank you for spreading the word! It IS the perfect time to buy!!! There is a lot of mortgage money available and there are some fantastic homes out there for sale!

Dec 08, 2008 05:07 AM
Terry Miller
Miller Homes Group - Tyler, TX
Miller Homes Group and Tyler Apartment Locator

Great info and an even better  message. The blog is great and I love it. My wife read the party one and laughed for awhile. Best of luck.


Dec 08, 2008 08:49 AM
Michael Wayne Jackson
Coldwell Banker - Novato, CA
Broker - Seniors Real Estate Specialist Novato

This is a great and informative memo, and it's time for buyers to jump on the current deals available.

Dec 09, 2008 06:24 AM
Angie Atkinson

Definitely great info--and clearly it's the right time to buy if you're in the market. One thing I learned the hard way is that no matter how great the deal seems, one must look at the fine print--and hire a good realtor. Plus, when you go look at these great deal places, bringing along a home inspection checklist is a really important thing. With or without the checklist, don't just let your dad or uncle do the final home inspection. It might cost you a bit, but a professional is totally worth it. I know if I'd had one when I bought my house, I could've saved thousands--or at least known what I was in for.

Thanks for the info. I've been seriously considering looking for a bigger place, as I have three kids and three bedrooms. (Need at least four!) Good to know the market's in my favor at the moment. :) Glad I found you and got "the memo"!!

Dec 18, 2008 11:10 AM
Portsmouth NH Real Estate Agent - Rebecca Skane, Realtor®, e-PRO®
Keller Williams Coastal Realty - Portsmouth, NH

This is the perfect example of a blog for the newest group:  Advice for Buyers.  You should join and some of your great advice posts.

Dec 26, 2008 03:13 AM
Greg Wilson
1st Cornerstone Realty - Schaumburg, IL

Hello, thanks for the post.  There are a lot of properties and great deals on the market.

Dec 26, 2008 05:34 AM
Frances C. Rokicki
Fran Rokicki Realty, LLC - Bolton, CT

Good for consumers!  Great for Localism readers, too! I wonder how many people really don't get it!  It is during this kind of market that millionaires are made!

It's a Good Life!


Dec 26, 2008 05:41 AM
Ron Spanton
RE/MAX Real Estate Associates - Gilbertsville, KY
Kentucky Lake Area

I agree with Fran and Deb, this is a great time to buy in most markets. Thanks for the great blog and saying it so interestingly and straight forward.

Dec 31, 2008 08:44 AM
Kristi DeFazio
RE/MAX Advantage - Colorado Springs, CO
Colorado Springs Rea lEstate 719-459-5468

Yes, everyone needs to get this memo! Maybe the mainstream media could spread it around a little!!!!

Jan 03, 2009 11:39 AM
Debbie Hutchins
Birmingham, AL

Thanks to ALL - I do feel very stongly about this positive message needing to be conveyed to the buying public.  We are in a window of opportunity to buy real estate at incredibly low prices with historically low interest rates.  Thank you all for reading and offering your POSITIVE comments!

Jan 03, 2009 12:40 PM
Jay Williams
Greenville, NC - Greenville, NC
Mortgage Loan Officer - Getting You The Right Loan

Debbie, true information all. I paticularly like how you linked to your preferred lenders web site. Looks like you have a real partnership there.

Good for you.


Jan 17, 2009 03:17 AM
Mark & Patty Pugh
The Home Team Inc. - Keller Williams Realty Central Delaware - Dover, DE

Wonderful memo and I loved how it was so creatively displayed.  Everyone needs this info.  Thank you!

Patty Pugh, CRS

Feb 04, 2009 01:09 PM
Janice Roosevelt
Keller Williams Brandywine Valley - West Chester, PA
OICP ABR, ePRO,Ecobroker

I've got it now and it was a good one!

Feb 04, 2009 10:10 PM
Col Orson Swindle

How are home prices at an all-time low?

How do you figure?

Feb 12, 2009 01:08 AM
Debbie Hutchins
Birmingham, AL

Col Swindle - The current market in my area has stopped appreciating and has shown depreciation in many areas.  Builders have been selling homes below cost just to remove them from their books.  Families that have needed to relocate have sold below what they paid just to be able to move on with their lives.  There are a lot of homes that are selling below Mortgage Balance (called a short sale) to avoid foreclosure.  The sub prime lending has led to many homes being foreclosed on which are priced low to sell quickly.  The more desirable homes that are in tip top condition and offer the most amenities and priced well seem to be doing OK.  If you are in the market to buy or sell, give me a call, I would be happy to help you.

Feb 12, 2009 11:51 AM
Dee'Anna Wright
RE/MAX All Points - Roanoke, VA

Great info and so true today!

Jul 21, 2009 04:14 AM