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Get Off Your Duff, Now is the Time to Buy in Janesville, Wisconsin

By
Real Estate Agent with The Morse Company 2645

HERE IS MY TOP TEN LIST FOR BUYING TODAY!

 

1.  Lots of Inventory!  With about 50% more homes for than usual, you have the selection of a lifetime.

2.  The Bidding Wars are Gone!  Remember 3 or 4 years ago when you had to offer more than list price just to just to get the property because of multiple offers.  Now, Buyers, the cards are in your hands.

3.  Bargains Galore!  Now you can offer a low offer and the seller will not be as insulted.  Sellers have had to lower prices in a changing market and have had to compete with short sales and foreclosures listed at reduced prices.

4.  The Flippers are Gone!  You no longer are competing with those who bought property just to try to turn around and sell them at a quick profit causing prices to inflate.

5.  Professional Advice is available to you!  Experienced agents, like myself, as your Buyers Agent, can help you negotiate and make good decisions.  You know where the market is at and can feel that you are in a safe zone when making an offer. 

6.  Many builders will sell at cost!  Most need to unload inventory that costs them thousands to hold each month.

7.  Interest Rates are still at all-time lows!

8.  Sellers are tolerant of Inspection and Repair requests!  When it was a seller's market, too often the seller would tell the buyer it is being sold "AS IS" and I am not doing repairs.  Sellers are now willing to address home inspection issues and your requests to have repairs done to the property.

9.  OLD FASHIONED Fixed Rate Financing and Incentives are available!  If you are a legitimate buyer, you don't have to worry about gimmicks with loans that escalate every year.  Fixed rate financing is available at low interest rates.  FHA loans still only require 3% downpayment and a FIRST TIME BUYER may qualify for up to a $7,500.00 tax credit.

10.  Finally, Real Estate is still a good investment!  In our market, despite the ups and downs, homes have appreciated at a rate of over 6% per year for the past 28 years.  That means a $10,000 (investment) down payment on a $100,000.00 home could see a $6,000.00 return per year on your $10,000.00 investment if history repeats itself!

 

So what are you waiting for?  Give me a call because now is the time to buy.  If we don't, we all could be looking back years from now saying I wish I would have purchased in 2008 when both home prices and interest rates were low.

Jerry Morse, Real Estate Broker, BBA, CRB, CRS, GRI

608 754-5300 Office

608 436-6858 Cell