Are you a First Time Homebuyer tired of searching homes that are under contract already or making losing offers on homes that have multiple offers?
We ran into a similar problem with our clients starting about 45 days ago. It almost seems like there aren't enough homes in the under $150K price range for all of the first time homebuyers that want to take advantage of the $8000 tax credit.
There is a frustrating phenomenon happening right now. Thousands of listings in the MLS that are showing active are in fact being "negotiated" between a Buyer and a Bank/Seller (technically not "Under Contract" but unavailable to buy). We are utilizing technology to help reduce the number of properties our clients fall in love with that are in fact in negotiation.
Additionally, we have found a plentiful supply of homes that are priced right and available because they need repairs. These homes are abundant because most buyers either don't want to mess with repairing a home or they can't get lending on a home that needs repairs.
We have a lender that can lend the repair money and still do it with a 3.5% down payment.
Also, we have found a moderate supply of homes that can be matched to our lender that offers 100% financing of the purchase and repairs if necessary.
If you don't already have an agent, email us today with your search criteria so we can start to match you with the homes that are available.
Also, visit our site http://Search.KurtandSheila.com to begin your search of all MLS properties that may be available to purchase.
No comments:
Post a Comment