Author: Bob Nelson
• Wednesday, January 07th, 2009
An Incredible Bargain

IT’S TIME TO TAKE THE PLUNGE!

I often tell the story of how, as a realtor, I am like that person who first taught you how to dive off a diving board.  Practically all of us had this experience when we were young.  You wanted so badly to learn how to dive into a pool.  We stood at the end of the dock, put our hands over our heads and then jumped in feet first.  It took a big brother, sister, uncle or someone else to hold their hand on your belly, doubl you over and then push you in head first.  This was an exhilarating experience and you couldn’t wait to get back up on the diving board and do it again.

We all have considered taking that leap into the real estate market, either as a first time buyer, investor or move up buyer diving back in for another time.  I am firmly convinced that its time to get back into the market and take the plunge.  You will be thrilled you did so and will look back at the experience as the best move you ever made.

MORTGAGE RATES HAVE DROPPED!!

If you have been on the fence about whether or not is the best time to buy a new home, here is the best reason to dive in.  Your dream home just became more affordable.  That’s because the federal government has now taken steps that caused interest rates to drop considerably.  For example, a $250,000 30-year fixed rate loan could save you as much as $220 a month now versus just one month ago.    

HOME PRICES DROP AS WELL!!!

Opportunity Lost

Opportunity Lost

This home located in Loudoun Valley Estates had originally sold in 2006 for $886,310.  It just went under contract with a list price of $549,900.  I had hoped to get my son and his family out to see the home only to have it go be sold in less than four days.  When the bargains are there you must act quickly.
An Incredible Bargain

An Incredible Bargain

This home had originally been priced at $1.499 million.  It just went under contract at a price of $999,000.  While not every home will see such a dramatic drop in price, there are a great many similar opportunities.  My standard advice is that you first want to find the property you want to call home and then try and negotiate the best price possible.
Contact me to set up a time to take a look.

You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

This website uses IntenseDebate comments, but they are not currently loaded because either your browser doesn't support JavaScript, or they didn't load fast enough.

Leave a Reply

Spam Protection by WP-SpamFree