Local Buying Tips
Be ready to take advantage of today's low prices and affordable mortgage interes rates. Home ownership is the way to build equity for your future.
What will be your equity in 10 years?
If you purchase a $150,000 home with $11,250 in down payment and closing costs your equity will be from roughly $65,000 to nearly $127,000 assuming a 2% or 5% yearly inflation rate. Meanwhile, a tenant may pay as much as 50% more in rent with no equity build up.
Many would be buyers miss out on the best real estate deals because they aren't ready. Here's how to be ready:
1. Pay down those credit card bills
2. Build your savings by socking away most or all of any tax refunds or raises
3. Stop buying 'stuff' that has no long lasting value
4. Visit several mortgage lenders so you will know what price home you qualify for
Welcome!
Thanks for your interest in real estate. When you are ready to see properties, we'll help, and when you are ready to act, we will help you make "eyes open" decisions. Meanwhile we will keep you informed about market conditions.
We have knowledgeable hard working agents, able to provide you the service you expect. When you are ready to act, we will be there for you!
Please let us know your needs (see below), and we will you send regular updates so you will be well informed about our local market, conditions and available properties.
A special tip for you: In this challenging market there are occasional "steals" that become available. These are snapped up right away. . . by people who have their financing, credit, and down payment ready for their opportunity. Be sure you are ready when your opportunity comes up by talking with a mortgage lender so you will know exactly what you can accomplish and what you may need to do to be ready.
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Best wishes for your real estate dream.
