The stock market is climbing, houses are selling, government is giving free money to buy a home. We live in America! Home ownership is still the American Dream. A first home doesn't have to be your ultimate home.
Buying a home in todays economic upheaval is one of the wisest things a person can do. Not getting in over your head, but most first time home buyers discover the rent they pay is more than a 120,000.00 home.
Get an appointment with a real estate consultant and find out the facts before you make a decision.
Make it a great day.
Dee
Tuesday, August 4, 2009
Tuesday, June 30, 2009
A shrinking market
That's right, our real estate market is shrinking. Two years ago, the City of Mansfield was issuing 121 building permits per month, now that number has shrunk to less than 200 per year. Builders are still building, but only if their inventory has been purchased.
That is good news for sellers , less inventory means higher prices. Mansfield has had stable prices and that is also good news, so when the inventory is low, the quality neighborhoods and better housing is more in demand.
Don't let the purchase you want slip away.
That is good news for sellers , less inventory means higher prices. Mansfield has had stable prices and that is also good news, so when the inventory is low, the quality neighborhoods and better housing is more in demand.
Don't let the purchase you want slip away.
Saturday, June 27, 2009
What is a short sale
Good morning, all, it is hot, hot , hot, and the hot topic in todays market is short sales. I get ask all the time, what is a short sale., and it is what its name implies. The lender will come up short if they help the owner get out of their mortgage. Benefit to the owner- you have a loan balance greater than what your home will sell for in todays market. The lender will either prepare for forecloser, (very costly) or they can forgive the difference.
The process to prepare for a short sale is lenghty, but more sensible than allowing foreclosure if the numbers work.
Ask your specific questions about Short Sales, and maybe I can help.
Dee
The process to prepare for a short sale is lenghty, but more sensible than allowing foreclosure if the numbers work.
Ask your specific questions about Short Sales, and maybe I can help.
Dee
Friday, June 26, 2009
HOW THE REAL ESTATE MARKET AFFECTS YOU
LOTS OF BUZZ IN THE REAL ESTATE MARKET THIS WEEK. RATES ARE HOVERING AROUND 5% AND THE WORD IS THEY MAY BE RISING. PROBABLY NOT QUICKLY, BUT WHO CAN TELL.?
WHEN YOU HAVE BEEN IN A MARKET WITH 18% INTEREST RATES, ANYTHING FROM 5-10 ISN'T THAT BAD.
THE FIRST TIME BUYER REBATE, IS THE BIG TOPIC RIGHT NOW. UNTIL DECEMBER IF THERE IS ANYWAY A FIRST TIME BUYER CAN GET QUALIFIED, NOW IS THE TIME.
WHEN YOU HAVE BEEN IN A MARKET WITH 18% INTEREST RATES, ANYTHING FROM 5-10 ISN'T THAT BAD.
THE FIRST TIME BUYER REBATE, IS THE BIG TOPIC RIGHT NOW. UNTIL DECEMBER IF THERE IS ANYWAY A FIRST TIME BUYER CAN GET QUALIFIED, NOW IS THE TIME.
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