The "818" on Real Estate

Current local sales trends at: http://www.srar.com/node/244 Summer has reached its end and the holidays are quickly approaching. This is usually a slow time for real estate, but with all the favorable conditions it may remain steady through the season. The $8,000 tax credit is still around for those of you who close escrow before November 1st 2009. Take advantage of these low prices, excellent interest rates and generous federal tax credit. Qualifying for a loan is easier than you think. ..

So, you are pre-approved for a home loan and are ready to start looking for your slice of America . Well, be prepared but not discouraged. Remember that any home you purchase today is over 50% off in most areas. So what’s the problem you say? There isn’t a problem with prices or financing. The problem is the competition that buyers face, MORE buyers. In order to combat this you must be stronger and more determined than the next. The major component for being stronger is price….bottom line. You may not get a home for 50% off but 30% still isn’t bad! You are buying your home, not stocks. Offer well above the list price and your chances increase exponentially. Being determined must come from the inside while never sacrificing your character. Do you remember the story of Tortoise and Hare? Be the tortoise that persevered. Don’t let impatience or greed propel you into a home that will be yours forever. Easy does it. There is no secret….