Six Reasons Why Real Estate Investors Should Buy In December
By Jeanette Joy Fisher
jeanette[at]joytothehome.com
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December and New Year's Day give home buyers and real estate investors
the perfect occasion to buy real estate. Not only can you pick up a bargain
property from a motivated seller, you can save on your purchase expenses.
1. Home shoppers put off looking for a home because of holiday decorating,
shopping, and parties. Plus, the cold weather makes home buyers prefer
to stay home; they prefer to wait for warm weather to buy real estate.
Get the edge with little competition from other buyers.
2. Home sellers who didn't sell during the recent buying frenzy are worried
that their home will never sell. Any seller offering their home for sale
during the holiday season is motivated. If you have your financing in
place and can close quickly, you can often pick up a great deal.
3. Real estate agents need to keep their momentum going and can't afford
to take too much time off. When the agents aren't as busy, you get better
service. Plus, they're more likely to take low offers seriously. Agents
love investors ready to buy real estate during December.
4. Interest rates continue to creep up. Who knows what the rates will
rise to next year?
5. Lenders threaten to tighten up qualifications next year. Last summer,
loan officers were able to get through almost any loan. Today is your
best shot to buy real estate and get a great rate with the easiest qualifications.
6. Appraisers need work. Too many individuals became real estate appraisers
when there was too much work. It used to take a week or more to schedule
an appraisal. We just ordered an appraisal and the appraiser wanted to
come out the same afternoon! Also, appraisal fees cost less today than
last month.
Clear some time from your busy holiday schedule and go find a bargain
house. Make many offers. You won't get this break for another year.
Copyright © Jeanette J. Fisher
About the Author: Jeanette Fisher teaches real estate
investors the five steps to buy real estate and turn fixers into dollhouses.
Free ebook "Flipping Houses"at http://www.doghousetodollhouse.com
Source: www.isnare.com
Published - January 2006
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