- The concept of Supply & Demand is a simple one. The best time to sell something is when the supply of that item is low & the demand for that item is high!
- Anything under a 6-month supply is a Seller’s Market!
- There has not been a 6-months inventory supply since August 2012!
- Buyer Demand continues to outpace Seller Supply!
Five Steps to Ease Home Buying Stress and Anxiety
Buying a home is an emotional experience – it can be exhilarating, thrilling and even stressful. When the time comes to sign the paperwork, don’t be surprised if you feel butterflies in your stomach, or even nauseous. You are likely making the biggest financial decision of your lifetime; hence it is perfectly normal to feel anxious about buying a home.
Nevertheless, do not let uncertainty about the mortgage process keep you on the sidelines. The tips that have been clearly explained below will help you feel more prepared for home ownership.
According to a recent survey, most consumers have the wrong ideas about what it takes for someone to qualify for a mortgage. Most consumers believe that the requirements are more strict than they actually are, When they were asked about the crucial mortgage qualification criteria (like debt to income ratio, down payment percentage and credit score), approximately 50 percent of the consumers provided an invalid answer or selected “do not know”. Buyhome
This means that there are many eligible home buyers sitting on the sidelines because of misconceptions about the mortgage process or anxiety about being turned down for a loan. To be certain you are ready to purchase a house, and ease any anxiety you might have about the whole process. Buyhome
Our Home Selling System
Our innovative Home Selling System was developed to provide our clients with a consistent and proven method to prepare their homes for sale, price their homes appropriately and get the word out to as many prospective buyers as possible. The benefits of home selling system are a quicker sale at a higher price.
The most important step in selling your home is pricing it correctly from the onset. Its a well known fact that overpriced homes take longer to sell and usually sell for a lower price. Since the majority of your showings will occur in the first 30 days on the market it is crucial that your initial list price matches buyer expectations. Our agents are trained to use advanced market analysis software to build a comprehensive report that will accurately determine the optimal list price for your home. Request a detailed market analysis of your home. Click Here To View Our Home Selling System
Buying A Home As A Newly Married Couple
While the home buying struggles of unmarried couples are well known, the process is not straight forward for married couples either. After tying the knot, many newlyweds look forward to buying a home together. But before you start scanning property listings and searching for the perfect bathroom suite, make sure you sit down together and ask each other these house buying questions. Buyhome in Oswego
What is your financial history and credit rating?
At the start of a relationship, couples talk all the time, from music to travel and everything in between. However, as a married couple you should have a serious conversation about your finances and credit scores.
While some couples will have already discussed their credit scores, others consider it a taboo topic of discussion. If one person has a credit score that is significantly lower than their partners, it could affect the couple’s chances of securing a mortgage to buy a property, or at a minimum affect the ability to get an appealing interest rate on a loan. Buyhome in Downers Grove
Discussing your credit scores with each other before arranging to meet with a mortgage lender is vital. By knowing your credit rating you have the chance to work on repairing any credit problems before you apply to get a mortgage. If you don’t know your credit score, you can contact your credit card company to see if you can access your score for free, or use an online credit check company. Buyhome in Naperville
Where do you want to live in a few years time and in the future? Continue Reading Click Here