Time to Buy?

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Real Estate

The question I get as a realtor most often is about timing. When is the right time to buy or sell a property. The simple answer is when it's right for you. The real estate market has ups and downs just like the stock market. Right now we are in a changing market. You have most likely noticed that the interest rates have increased quite a bit over the past year. This does add some challenges but it does not mean you should wait to buy for rates to go back down to 3%. It is unlikely to happen again in the TIME you need a place to live. My reference to TIME is to point out again, the right time to move is when it's right for your family. Waiting for some random mark to happen is not the best strategy to find success.

The keys to success are

Buy right. Hire a professional negotiator to get you the best deal.

Work with an excellent lender who has your best interest in mind (Typically not your bank)

Identify what's important to you before you start spending your precious time going to open houses

Revisit the list once you do go look at homes (I call this a reality check)

Stop spending unnecessary money in the 6 months before you buy. Having a little more cash going into a purchase gives you power in negotiations AND most important a little peace of mind.

 

If you want to chat about more startegies to WIN THE BID, lets get together and brain storm the best strategy for you. Debi 541-220-8035