Buyers, Are You Feeling Stuck? I Get It!
Are you feeling stuck and frustrated in today’s real estate market because mortgage rates are so high? I get it. With all the negative news on mortgage rates, the frustration is REAL. But stay tuned to hear more about our interest rate reduction system - along with a couple of REALLY GOOD reasons to be grateful with the current market that we are in!
For one thing, buyers no longer are competing with 10 or 20 other offers, losing out on one home after another, which was emotionally draining in a market where it became the norm for many buyers to remove their appraisal contingency, and pay 50K or over 100K OVER the FULL LIST PRICE. That is no longer the case in the current market, so RIGHT UPFRONT you’re saving A LOT of money, even though rates ARE significantly higher than they were in the prior market.
As a buyer searching for a home in today’s market, you may think you can’t move forward due to rising interest rates. Good news, I’m here to tell you it IS possible, and you have options.
For one, be STRATEGIC with your purchase and offset the higher mortgage payments by reducing costs upfront. Our interest rate reduction system does just this. You can do this with seller concessions, rate buy-downs, and price reductions, and the savings should be sufficient to take you through the first seven years of your loan.
Of course, you will need a trusted agent with strong negotiation skills to help you achieve this.
Whether you want to sell your existing home, buy your first home, upsize, downsize, purchase a vacation home, or just talk about options, a real estate professional is your best source for information based on current trends in our area. If you're interested in learning more about the 2023 real estate forecast, don't hesitate to reach out - we're happy to help!