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Buyers Should Buy in a Buyers Market


THIS IS THE FIRST TIME IN THE LAST DECADE WHERE YOU
COULD BUY MORE AFTER SELLING YOU CURRENT
PROPERTY.
YOUR PURCHASING DOLLAR CURRENTLY HAS MORE BUYING POWER DUE
TO SUPPLY AND DEMAND.
 
INTEREST RATES AVE VERY AFFORDABLE.
COMPARE THESE RATES TO THE RATES OVER THE LAST 30 YEARS, AND
THEN ASK YOURSELF THESE QUESTIONS – “HOW LONG WILL
THESE LOW RATES LAST?” “IS IT MORE LIKELY THAT THESE RATES
WILL RISE OR GET LOWER IN THE MAREKT TO COME?” PRUDENT BUYERS ARE
NOT WAITING.
 
TAX ADVANTAGES IN HOME OWNERSHIP.
THE TRUE COST HOME OWNERSHIP AND RENTING IS ONLY SEEN WHEN
ADJUSTMENTS ARE MADE FOR INCOME TAXES.
 
LONG TERM EQUITY GAINS.
LOOK AT THE HUGE AMOUNT OF EQUITY HOMEOWNERS HAVE GAINED IN
EACH OF THE LAST FOUR DECADES. ARE WE BEING SHORTSIGHTED TO
THINK THIS WILL NOT HAPPEN AGAIN?
 
NO EQUITY WHEN RENTING.
SHOW US A PICTURE OF THE PERSON WHO HAS GAINED ONE
PENNY OF EQUITY WHEN RENTING.
 
THERE ARE CURRENTLY MORE HOUSES TO CHOOSE FROM
THAN IN A SELLERS MARKET.
YOU ARE NOW AFFORDED THE OPPORTUNITY TO PICK (FROM
A NICE SUPPY OF HOUSES) THE ONE HOME THAT BEST SUITS THE NEEDS OF YOU
AND YOUR FAMILY.
 
YOU ARE NOT USUALLY COMPETING AGAINST MULTIPLE
OFFERS.
BUYERS TODAY ARE ABLE TO NEGOTIATE MUCH BETTER TERMS THAN IN
THE PAST TEN YEARS.
 
WHY PAY THE MORTGAGE FOR SOMEONE ELSE?
RENTERS GENERALLY HELP MAKE HOMEOWNERS RICH WHILE RECEIVING
NONE OF THE BENEFITS.

Buying/Selling | RISMedia

Did you know you can partner with other funding sources to increase your investment potential? Self-directed IRAs are the only retirement arrangements that allow individual investors the freedom to pursue alternative investments, such as real estate. Investing in real estate with a self-directed IRA offers many benefits to those who are looking for creative ways […]

The post Partnering IRA Funds: An Alternative Way to Fund Your Real Estate Investment appeared first on RISMedia.

7/18/2018 1:48:11 PM

The following information is provided by the Center for REALTOR® Development (CRD). Consumers who are seriously in the home-buying and -selling market should be mindful of a variety of competing home price estimators. Solely relying on just one price estimate is likely to skew the views of what a particular property will actually transact for. […]

The post A Closer Look at Online Home Value Estimates appeared first on RISMedia.

7/18/2018 1:44:15 PM

Student loan debt is one of the biggest factors impacting millennials’ ability to purchase a home. According to the National Association of REALTORS® (NAR), 80 percent of millennials do not own a home, and, of that, 83 percent say student loan debt is impacting their ability to buy. Millennials expect to be delayed from home-buying […]

The post Buyers: Challenged by Student Debt? Consider Down Payment Programs appeared first on RISMedia.

7/8/2018 11:02:18 AM

(TNS)—First-time homebuyers might well wonder: Where are all the starter houses? They’re right to ask, because starter homes are becoming increasingly scarce in many housing markets. Housing inventory is low and home prices are soaring. What’s a first-time buyer to do? Here are five tips for finding a starter home: Be realistic about today’s market. […]

The post 5 Tips to Help You Find a Starter Home appeared first on RISMedia.

7/4/2018 2:01:21 PM

(TNS)—Buying a foreclosed home is not like the typical home purchase. In many cases, only one real estate agent is involved. The seller wants a preapproval letter from a lender before accepting an offer. There is little, if any, room for negotiation. The home is sold as-is, and it’s up to the buyer to pay […]

The post 5 Tips for Buying a Foreclosed Home appeared first on RISMedia.

6/28/2018 2:01:29 PM

Today’s Ask the Expert column features Dan Steward, president of Pillar To Post Home Inspectors. Q: As summer approaches, what do buyers and sellers need to be aware of? A: With the summer season right around the corner, here are a few critical components that can’t be overlooked by buyers and sellers alike. Insulation is […]

The post Ask the Expert: What Do Buyers and Sellers Need to Be Aware of This Summer? appeared first on RISMedia.

6/11/2018 2:20:28 PM

Are you listing this summer? Get your outdoors in shape—it can pay off. According to National Association of REALTORS® (NAR) research, certain exterior improvements are likely to recoup at resale. Based on feedback from REALTORS®—who, through their experience, know what house hunters are ready to spend on—the best enhancements are lawn care, landscape maintenance and […]

The post Listing This Summer? The Best Investments to Make Outdoors appeared first on RISMedia.

5/28/2018 2:01:03 PM

(TNS)—No matter the age or life stage, everyone makes mistakes when it comes to home-buying. Whether it’s picking the wrong location or buying more house than you can afford, the mistakes are often universal, says Ilyce Glink, author of “100 Questions Every First-Time Home Buyer Should Ask.” “When you’re in your 20s, your life isn’t […]

The post Common Home-Buying Mistakes People Make at Every Age appeared first on RISMedia.

5/14/2018 1:51:13 PM

Over the last decade, homebuyers have become more tech-savvy, beginning with a simple shift of traditional in-store shopping and REALTOR® office visits to Cyber Monday shopping and searching for house listings online. As the real estate industry continues to grow, consumers have come to adopt, and expect, a self-sufficient, on-demand technology experience, where they have […]

The post How the On-Demand Consumer Has Changed the Real Estate Industry appeared first on RISMedia.

5/10/2018 2:48:59 PM

(TNS)—Even when a seller and buyer agree on a price for a home, the deal can collapse if the property appraises for less than that price. For example, let’s say a seller lists his house for $325,000, the buyer offers $275,000, but they settle on $300,000. A week before closing, the appraisal comes in at […]

The post How to Avoid a Low Home Appraisal appeared first on RISMedia.

5/3/2018 2:05:53 PM