How to find good deals as the buyers market comes to an end
Every home buyer in America has at some point wondered, “is now the best time to buy a home?” In this 3-minute video, NBC’s The Today Show does a good job of answering the question.
The conclusion? Yes, but not if you’re going to overpay.
The buyers market is ending, we learn, as home prices rise across most of the country. However, there are still plenty of opportunities to snag a “good deal” for focused home buyers.
Some of the video’s tips include:
- On what types of homes can you get the best prices
- What you can learn from looking in a seller’s closet
- How to identify a desperate seller
Although the piece reflects negatively on short sales - noting the amount of time required to buy is longer than a “traditional” purchase - it doesn’t mean they should be avoided. There are plenty of bargains there too.
Posted by Ryan Leahy
This is a guest post by Ryan Leahy. He is a lender with Leahy & Associates in Austin, TX, and updates his blog daily. To contact Ryan, call (512) 692-7242 or email rleahy@houseloan.com.
Tags: buyers market, home shopping
Short sales sometimes take longer not always, We have found very strong offers get results. Yes short sale are like shooting in the dark at times but it can be done. One thing to think about in this market, if you are buying you will be making offers on a short sale or two. Most home owners are upside down and those that are not are holding on for better times.
November 8th, 2009 at 2:05 pm