"Is it a good time to buy?"
The buzzword for buyers: options.
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Inventory is higher than in the past so buyers have a greater number of homes to choose from.
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Sellers
are being more flexible so buyers have more choices when it comes to
negotiating the terms of their contract, including the sales price.
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Lender guidelines have tightened but rates are still low
This
is a very good time to buy. In the not so distant past, buyers were put
on the spot and had to write an offer immediately if they wanted a
home. Buyers were nervous and often acted quickly due to market
pressures and seller demands. Now buyers are able to do their research
and refine their wants and needs. There are great properties available
in all price ranges. And sellers are being more reasonable and are
willing to negotiate. Lending guidelines have changed but buyers can
still take advantage of the low interest rates.
Give Wendy a call today to learn more about your options as a buyer.
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