Military personnel often find themselves in unique situations, to say the least. One of our longtime clients is preparing to deploy. I think most of us imagine that our troops would be preparing their uniforms, other clothing, personal photos, books, iPods, etc. to take along. But our client included one other component...an investment for the future.
Keeping an eye on the market, we became aware of a repossessed home located not far from his inlaws' home. Like most foreclosures, it needs a good bit of cosmetic work, some repairs, new flooring and some updates as per one's personal tastes. But, the bones are good. It's a 4 bedroom all-brick home on an acre. It's not been vandalized. And here's the real kicker...It's $33,000! With an additional investment of even just $50,000, he's got a brick home on a nice big lot, close to family, where he and his wife can start their family and it will still be priced way below market. That's just smart investing, plain and simple.
This is the time for consumers to let go of the fear. The market isn't an unstable, volatile time bomb, as many have been led to believe. There are amazing opportunities for buyers that just need to be grabbed. Interest rates are so low, it's hard to even believe. Inventory is high and it includes all facets: condos, move-in ready homes, investment homes, future rental properties, patio homes. It's all there and buyer clients can score big time. But, you have to let go of the fear and seize the day.
Sellers: don't put your heads in the oven just yet! It's true that your home may have lost some value over the last few years of our economy's decline. But, remember that if you accept a realistic price (today's price) for your home, you will make it up on the buying side, for all the reasons discussed above. The process will work for you too.
It's a confusing time in America, but each day we are all working through it together. If you have questions about your home or about buying real estate, we are happy to talk with you. Take advantage of our experience and we'll help you take advantage of today's unique opportunities.
Keeping an eye on the market, we became aware of a repossessed home located not far from his inlaws' home. Like most foreclosures, it needs a good bit of cosmetic work, some repairs, new flooring and some updates as per one's personal tastes. But, the bones are good. It's a 4 bedroom all-brick home on an acre. It's not been vandalized. And here's the real kicker...It's $33,000! With an additional investment of even just $50,000, he's got a brick home on a nice big lot, close to family, where he and his wife can start their family and it will still be priced way below market. That's just smart investing, plain and simple.
This is the time for consumers to let go of the fear. The market isn't an unstable, volatile time bomb, as many have been led to believe. There are amazing opportunities for buyers that just need to be grabbed. Interest rates are so low, it's hard to even believe. Inventory is high and it includes all facets: condos, move-in ready homes, investment homes, future rental properties, patio homes. It's all there and buyer clients can score big time. But, you have to let go of the fear and seize the day.
Sellers: don't put your heads in the oven just yet! It's true that your home may have lost some value over the last few years of our economy's decline. But, remember that if you accept a realistic price (today's price) for your home, you will make it up on the buying side, for all the reasons discussed above. The process will work for you too.
It's a confusing time in America, but each day we are all working through it together. If you have questions about your home or about buying real estate, we are happy to talk with you. Take advantage of our experience and we'll help you take advantage of today's unique opportunities.
