Sunday, January 27, 2013

Home crisis-over in 2012?

IF THE CRISIS IS OVER, HOME PRICES WILL BE ON THE RISE AGAIN.


IT'S PRETTY BASIC ECONOMICS. When the lenders tightened their restrictions, there was less for the regular Joe to borrow. Home sellers had to lower their prices to sell their houses because the pool of buyers was smaller. There was a huge supply of homes on the market because no one could get a home loan to buy them. There were thousands of foreclosures. People could not refinance. A lot on the market gives the buyer more to choose from and more negotiating power.



IF THE CRISIS IS OVER, WE ARE AT 'THE BOTTOM' NOW!



If you are planning to buy, today is the day. Go get pre-approved. You have to be pre-approved or have proof of funds (bank statement, 401k statement, IRA etc) to place an offer in SWFL. Sellers are not playing games. Broker's are not giving home tours. Its not an episode of HGTV. This is serious stuff. Houses move quickly when they are priced right and when they are in desireable areas. If you're not ready to take action, you can lose out!



Call your lender, then me and we can get you in the game before you miss out! I'll walk you through the process from beginning to end.

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