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Home Buying
The Ultimate Buyer's Market!
Take Advantage of The Real Estate Slump! There are many reasons to be
down on the real estate market and your local media will be happy to tell you all of them in vivid detail
each and every day. However, a down market represents a limited-time opportunity for the savvy home
buyer to take advantage of the unbelievable, too-good-to-be-true, real estate deals-of-a-life-time, and there's more
of them out there than you might think ... new home sales, short sales and motivated sellers to name a few
opportunities.
Our Measurements of Great Buying Opportunities!
Builders New Homes: Builders have repeatedly reduced
their prices and offering incredible incentives such as free upgrade packages, reduced rate mortgages and pre-paid closing
costs to mention a few. For anyone thinking of a new home purchase, NOW is an excellent time to buy.
Newer Resale Homes: A newer resale home is a good buy if you're
paying less for the property than it would cost to rebuild it. With prime suburban land selling at about $250,000
an acre and construction costs for modest structures above $100/sq.ft, it's easy to determine if a newer resale property
is a good buy.
Older Resale Homes: An older home is a good buy if the
asking price plus rehabilitation costs is less than the established market value.
This measure simply states if the cost to fully rehabilitate an older home to new-home standards plus the asking price is
less than the established market value a year or two ago, you're getting a great deal.
These measures highlight some very interesting facts for those of us
who watch the market and that is there are more great deals on the market today than there have been in the last 5 years!
With the proliferation of great deals in all three of the above markets, we can't
stress enough that now is the time to buy!
Will the real estate market continue its decline? Maybe, but in most cases,
prices simply cannot decline further. A builder can't sell below his costs and stay in business for long and a
home seller can't afford to cut his price much below his mortgage payoff. Any home that's been on the
market for a reasonable amount of time has already slashed their price between 10 to 25 percent.
Two possibilities for further improvement in the real estate market
are a reduction in the Fed's cost of funds and the passage of the Florida Property Tax Reform bill.
If the Feds lower interest rates and the Florida property tax reform bill is passed by the general electorate
in the January 29, 2008 election then the good deals will look even better. But once they do,
the great deals will quickly dry up as savvy buyers look to take advantage of rock bottom prices, lower interest rates
and lower property taxes.
If you have no confidence in the real estate market right now that's
understandable because you've been battered by months of bad news. But don't let that cause you to miss out on
what is otherwise a golden opportunity to buy a great deal in real estate. The market is full of real estate
bargains right now. Take advantage of them!
Simplify the Process!
Allow us simplify the process of purchasing your
next home by putting our expertise to work for you by reviewing
advertisements, inspecting neighborhoods, understanding offerings,
sales valuing methods, mortgage rates, consumer protection laws,
contracts, seller's disclosure statements, negotiations and the
myriad of other details associated with a real estate transaction.
We can also recommend home inspection services once
you've found the home you're looking for. Blue Moon Home Inspections is one company we've used for years
and are very pleased with the quality and thoroughness of their service. For
Mold Inspections and Testing,
this firm has Certified indoor environmentalists and certified mold inspectors serving Florida. To
speak with customer service, you may call 1-800-801-1727 for a free consultation.
For mortgage rates and quotes, we have several sources. One
company to contact is MortgageFit. Getting a desirable
mortgage for buying a dream home
is what everyone wishes for. A home is like any other product available in the market. So when shopping for a
home mortgage
prices and terms may be negotiable. When it comes to buying a home, a borrower has to overcome many financial obstacles.
This is where home mortgage comes in. For more information visit this site and take help from the specialist
here.
Our Fees ...
As your Buyers Agent, we represent your interests and our
services are typically compensated by the seller.
Our Service Guarantee ...
Provide you with the most complete research and analysis
of neighborhoods and property values.
Arrange for a no-cost pre-qualification so that you know
what price range you can qualify for and sellers will know
you are a serious buyer. It is becoming more prevalent in
today's real estate market that sellers are requiring a
pre-qualification letter accompany an Offer to Purchase.
Inform you of the various types of financing available
including down payment and closing cost assistance programs
for first time homebuyers.
Research each property of your choice to ensure you have
all the relevant facts before making an offer to purchase.
Provide guidance in the preparation of the Offer to
Purchase and thoroughly review all aspects of the contract
with you.
Deliver and negotiate the Offer to Purchase to ensure
the best possible price and terms for you.
Here are some other interesting home buyer real estate resources ...
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Visit
Realty4Less, a Wichita Kansas Real Estate
Company. Look no further for a full-service, discount real estate company!
Providing a superior level of informed, professional real estate services to buyers and sellers
in the greater Wichita area.
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