Friday, October 10, 2008
Let a Buyer's Agent Help You with your Home Purchase!
It is a great time to buy a home, even if you are concerned about the decline in the stock market and the global financial markets. How else can you personally enjoy an investment while having it provide you with one of life's primary human needs---shelter? (It is not the time for "flipping"---buying homes that need lots of improvements--especially cosmetic in nature--and trying to resell them again at a profit in the near future.) But, with the help of a good buyer's agent, you can find a primary or secondary home that fits your needs, at the price you want to spend, and you can get financing if you have a deposit (10-20%) and good credit. Some local banks and credit unions are virtually unaffected from the Freddie Mac and Fannie Mae losses as they have never resold their mortgage loans to a secondary market. These local institutions have always been conservative in their lending practices and they are still healthy and without major losses. A good buyer's agent will connect you with one of these lenders and will not let you overpay for a home. Not overpaying is key because home values have eroded over the past two years by 10-20%, depending on community, location of property, and its condition. There is good to excellent inventory in most South Coast towns and most sellers are willing to negotiate in price and terms with you. Call us at 508.996.6562 to arrange for a private consultation with one of our dedicated real estate professionals.
Labels:
Buyer Agents,
Home sales,
South Coast Real Estate,
Time to Buy
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