Thursday, October 9, 2008

Is This The Right Time To Buy?

The right time to buy is a time when you:
1. Need a place to live
2. Would be helped by the tax deduction for interest and real estate taxes
3. Have the downpayment or can get the downpayment
4. Would like to own an investment property
5. Have extra cash and do not want it in the stock market or CD's
6. Are able to purchase a property at a low price, fix it up and still be
below the market value.


I will be the last person to tell you when the time is right for you.
Only you know that and don't hesitate letting others know that you are
in control of your finances.

Don't buy a property just to buy a property.

There are many good prices out there, however the lower priced properties
do need a lot of TLC. If they are in poor condition remember, that your lender
isn't going to easily give you a home equity loan these days to fix it up.
FHA does have a fix-up loan that we can talk about later.

As a Real Estate Agent I do see some properties that would make a great home for
someone and I do see homes that (once fixed up) would make a great rental property.

So - Is it the time for you to BUY and HOUSE? -
If you think it is just call me and we can talk about it.
I will be the devils advocate towards you and fill your brain with lots of
information so you can go home and think about it. I guarantee you will not
every be disappointed about being educated first. You can always buy a house.
My goal is that IF you decide to buy and house that you will be satisfied
not only with the home, but with the entire situation. I don't want to put any
of my buyers in a difficult situation.

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