Remember they taught us in school the three major components essential to every family...food, shelter, and clothing...'homebuying' is the biggest ticket item in that picture.
Another thing, is the present market worrying you or causing you to have second thoughts as to whether you should buy now or delay your purchase until better market conditions return?
Let me give you some ideas to consider...
*If your job is relatively stable, and your finances are under control, and you plan on staying in your home for at least 4 or 5 years, then consider purchasing now...interest rates are extremely good...they may not be when the market turns...also if you're waiting for property values to 'bottom out', an increase in interest rates could negate any savings in purchase price...today's sluggish 'buyers market' provides opportunities to capture some additional funds for closing from anxious sellers...and there is plenty of inventory to select from...in other words, let the market 'work for you'!
*Are you ready to buy but lack confidence in our economy...are you leary to 'commit' to a large purchase such as a home? Maybe you can consider looking at properties less expensive than you originally intended...something less expensive to maintain...perhaps not quite so large...something smaller but more energy efficient...instead of that 2,500 square feet 2 story colonial, maybe a 1,600 sq. ft. 'cape cod'! Remember to factor in taxes and insurance. Some homes that appear similar can be more affordable...crunch those numbers...get good at it.
*If you're in a 'moving up' category, the status of the economy is of negligible consequence...what you lose, if anything on your sale, you should be able to make up on your purchase...in fact your purchase can achieve a greater savings than what you may have lost on your sale! Am I getting you confused? Reread it until you get it!
If you're still confused this is where a true real estate professional comes in!
I always advocate
for the use of experienced real estate professionals which make the homebuying process a pleasure. Without going into detail, remember the agent that is showing you homes and explaining the financial aspects to you will be paid from the seller's proceeds...in essence you have a true real estate professional 'working to find you a home' at no cost to you! It is bewildering to me why many potential homebuyers take it upon themselves to accomplish this task on their own! You wouldn't pay for a flu shot if you could get one next door at no charge.
How do you find a 'true real estate professional'? It's not as difficult as you may think, call Bobbie Files. I will provide you accurate, reliable service. Putting your needs FIRST.
Let me give you some ideas to consider...*If your job is relatively stable, and your finances are under control, and you plan on staying in your home for at least 4 or 5 years, then consider purchasing now...interest rates are extremely good...they may not be when the market turns...also if you're waiting for property values to 'bottom out', an increase in interest rates could negate any savings in purchase price...today's sluggish 'buyers market' provides opportunities to capture some additional funds for closing from anxious sellers...and there is plenty of inventory to select from...in other words, let the market 'work for you'!
*Are you ready to buy but lack confidence in our economy...are you leary to 'commit' to a large purchase such as a home? Maybe you can consider looking at properties less expensive than you originally intended...something less expensive to maintain...perhaps not quite so large...something smaller but more energy efficient...instead of that 2,500 square feet 2 story colonial, maybe a 1,600 sq. ft. 'cape cod'! Remember to factor in taxes and insurance. Some homes that appear similar can be more affordable...crunch those numbers...get good at it.
*If you're in a 'moving up' category, the status of the economy is of negligible consequence...what you lose, if anything on your sale, you should be able to make up on your purchase...in fact your purchase can achieve a greater savings than what you may have lost on your sale! Am I getting you confused? Reread it until you get it!
If you're still confused this is where a true real estate professional comes in!
I always advocate
for the use of experienced real estate professionals which make the homebuying process a pleasure. Without going into detail, remember the agent that is showing you homes and explaining the financial aspects to you will be paid from the seller's proceeds...in essence you have a true real estate professional 'working to find you a home' at no cost to you! It is bewildering to me why many potential homebuyers take it upon themselves to accomplish this task on their own! You wouldn't pay for a flu shot if you could get one next door at no charge.How do you find a 'true real estate professional'? It's not as difficult as you may think, call Bobbie Files. I will provide you accurate, reliable service. Putting your needs FIRST.
Bobbie Files
Realtor of Choice
Start your search at http://www.berkleymass.com/
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