The best time to buy!

By
Real Estate Agent with RE/MAX Boone Realty
The best time to buy stocks are when the prices are down. Well, rates are down and so are house prices. The national media talks about the housing market slow down. Does that mean you should wait until it's a thriving seller's market to buy? If you're a first-time buyer, now is REALLY the time. If you're selling and then buying, waiting for a market where you can get a higher price for your sale means you're going to pay a higher price when you buy. The only way to ideally come out ahead is if you buy now and sell later, hence having two homes, which could mean two mortgages. Your home purchase and mortgage are the biggest pieces of your personal financial plan. Take advantage of your buying power and low rates.
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Rainmaker
35,385
George Thoma
Mann Mortgage / Hawaii - Maui (NMLS 2550) - Wailea, HI
Mortgage Pro in Hawaii VA,USDA,FHA
I agree , you hit the point of being a smart investor or a First time home buyer . Right now you can get deals that you have never seen befor !
Dec 06, 2007 05:46 PM #1
Rainer
13,301
Joanne Brown
Rockland County Real Estate - New City, NY

as soon as the prices all start to go up that is when there will be a buying frenzy.  people do not realize the bottom until it is over.

 

tell em Beth!

Dec 06, 2007 05:48 PM #2
Anonymous
Anonymous
Anonymous
Beth, Welcome to Active rain.  You are right, it is a great time to buy.  I seen your listing video today on your partners blog, It was very well done.  here is the link==  Aprils Blog 
Dec 06, 2007 07:51 PM #3
Rainmaker
557,680
Keith Elliott Jr
KEIRE Realty Group - Manassas, VA
Principal Broker/Owner

Hi Beth,

Welcome to Active Rain! The opportunities to learn and network are incredible here. Best of luck to ya!

-Keith

Dec 07, 2007 01:18 AM #4
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Rainer
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Beth Steele

GRI, MBA
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