Buying a Home
Buying a home is not easy: selecting the area, style of the home, part of town and finally the question of how to make an offer ….
You are not alone. Chose your Buyer’s Agent, your REALTOR, that has your interest in mind only. As your Buyer’s Agent, I have the fiduciary duty to serve YOU, having only YOUR interest in mind.
That means that I will go above and beyond to get you the information needed so you can make an educated decision (see my testimonials pulled from my LinkedIn profile).
I will help you to establish your buying power, which is determined by each bank differently and not easy to understand. Our office is working with a large variety of lenders to ensure that you qualify.
I personally will be on your side starting with the search, through the negotiations, home inspection, bank appraisal, closing walk-through and the closing. I will personally ensure that this process is as painless and easy as possible. Wee my LinkedIn reviews from previous clients!
Why Buyers should act NOW
1. Slowly climbing prices. The fact home prices are slowly climbing is unfortunate for buyers and for sellers it presents a great opportunity. But the longer buyers will wait the more expensive the house of their dreams will be.
2. Still attractive rates. Mortgage rates have broken the 4% sound barrier … and that will not be the end. Each 1% increase in interest rates translates into a 10% decrease in purchasing power. Since purchasing power is calculated based on the monthly mortgage cost, these costs will rise by 10% with every 1%-point of interest rate increase. Smart buyers want to avoid these increased mortgage cost in the future.
3. Low Inventories. Today, buyers are facing very low inventories. This can be frustrating since the combination of low inventories and climbing prices results often in multiple offers. Houses priced right sell fast(er) in this market. Buyers need to make a decision fast in this market.
4. Negotiating leverage. Buyers that act fast are able to negotiate better.
For that reason, I always like to get started with a buyer early. That gives the buyer time to understand the market and it gives me time to understand the needs of a buyer. During that process, I often introduce our office mortgage contacts, who often think outside the box to get the buyer the mortgage product they need at the time they need it.
To get started, call me at 201-310-1260 to discuss your goal since every move is different.