Last week, Forbes published an article titled "Buy a home Now or Pay More Later" I thought I would share their insight to potential buyers considering buying now or waiting until later. If you have any questions, please let me know. I am here to help you with any of your real estate questions.
With mortgage rates creeping up toward 5% as 2013 draws to a close, potential home buyers have some decisions to make — and soon. The danger for potential home buyers isn’t that mortgage rates are nearing 5.00%; the real threat is that rates could go higher, to 5.50% or even 6.00% in 2014.”The article spells out the financials consequences a buyer would face by waiting. ($67,746 on a $300,000 mortgage). They gone on to identify four things a buyer should take into consideration before delaying a decision to purchase.
Rates will likely rise — and soon with 5% interest rates right around the corner.
The Federal Reserve will stop “tapering” causing rates to return to historically normal levels (6-7%).
Home values are rising
The autumn buying season is underrated “as you can take advantage of year-end tax breaks and the fall weather makes it an ideal time to move”.
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If you are interested in a new career in real estate or already have a real estate license but wish to learn more about our company please contact us directly to set up an interview. We offer our agents a 100% commission plan, company leads, training and mentoring and coaching from TOP Producers with no office, desk fees or monthly marketing fees ever. We are a full service brokerage at a transaction fee cost.
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Big questions deserve big answers. And what bigger question could some
"Our family is new to Texas, and we were inexperienced homebuyers. Judy helped us every step of the way. In the beginning we weren't sure what we were looking for, in terms of price range or features of the home, not even knowing if we wanted a one- or two-story house. Judy was very patient and showed us many, many, many properties over a number of months, until we finally found the perfect home for us. She made herself available to us at all hours, not just for viewing properties but also for answering questions over the phone and giving us support as we made difficult decisions. I would certainly recommend her to friends, family, and anyone who is looking for an agent who truly cares about finding her clients the right home. "