Recent Frequently Asked Questions
Home prices are down and interest rates are at record low levels, making housing affordable to a lot of people who could not afford to buy before. Inventory of homes is high, but the number of eager and serious buyers out there makes it a market to consider.
Q: Could I sell my house in this kind of market?
A: Don’t hesitate to put your house on the market. The three things to consider are: price, condition and marketing. First you need to price according to the local and current market. Then think of it as a “beauty contest”, where having a good looking home will help you sell faster, but not necessarily for more. MARKETING: let us show you our aggressive marketing plan to get your house SOLD!
Q: What if I must sell my home as a Short-Sale?
A: If you have tried to do a loan modification with your lender and had no success, a short sale may be your only option. Do not despair. Using a qualified Realtor to do the proper negotiating and managing of the short-sale process with your lender, you will avoid a foreclosure that could ruin your credit for years. We have proven records of closing short-sale transactions, and we can definitely help you.
Q: What if I am a Buyer?
A: You couldn’t be in a better market! There is a lot of inventory to choose from and interest rates are very low. There is a chance prices will go down a little more, but there is also a chance that interest rates will go up. So even if the prices go down $20,000 further, if interest rates go up even 1%, you won’t be able to afford that same house even at the lower price. Moreover, we won’t know that we hit the bottom of the market till after the fact. So, if you find a house you like and it is right for you and your family, buy it now!
Feel free to contact us if you would like more information or have any other Real Estate questions.