The Real Estate Market Has Changed Significantly!
If you are a first time buyer or an experienced buyer who has not made a purchase in the last 5 years. The news media and public real estate sites do not paint an accurate picture of what is going on in the market today. Signing up for a Free Home Buyer Education Class is strongly recommended. Financing has changed drastically which is covered on the news as near impossible and it is not. Financing is just different then it used to and needs to be understood. (Covered in class) For first time buyers there are programs available for down payment assistance that come and go, get funded and dry up or the criteria changes. A Lender will have a segment of the class to discuss currently available programs. Class is typically offered one or two Saturday’s per month.
Learn the value of the roles a Realtor, Mortgage Lender, Home Inspector and Loan Closer play in a real estate transaction.
A few years back we had what was known as the bubble that broke! Well home loans, pricing and buying was in a frenzy with no logic or common sense being applied. (At no fault of the consumer it was what it was) It is over and logical rules have been applied to the real estate industry. The news portrays this as a disaster that applied to everyone, Not True people who paid attention to their own budgets and purchased with logic did much better then those getting interest only loans for a home the would not otherwise be able to afford.
The Free Home Buyer Class will in just a few hours help you create a logical plan of either continuing to pay rent or if your ready make an investment in your future with the purchase of a home that makes sense.
Stop Paying Rent Every check you give your landlord is an investment in his or her retirement. Invest in yourself, start by sitting in on a free class.
Take advantage of the lower prices and interest rates we are currently experiencing!
A 2 percent rise in rate reduces your buying power buy around 20 percent. This means if you qualify now for a $250,000 home and the rates go up 2 % what you would have paid per month for a $250,000 home will only buy a $200,000 home.
Hind Sight is 20/20 don’t let the market pass you by……………..
When you are about to make the biggest decision you may ever make financially, buying a home, you want the best of the best, a person you can trust and will guide you through the process. Don Maclary is your guy for the job!
~ John, Real Estate Pro
About Don Maclary
