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I AM PREQUALIFIED, I LOVE IT AND I AM READY TO MAKE AN OFFER!!

Do you buyers know how important it is to have this mind set when you look at properties to purchase? A buyer recently said those exact words! He actually said these words within 15 minutes of the showing. I was in shock over this buyers ability to be ready and willing to purchase.This buyer will undoubtedly purchase a home at a great price in today's market.

What type of buyer are you?

Buyer # 1. The Procrastinator John and Jane want to see every listing that is currently on the MLS that falls into their price bracket. They have gotten prequalified but are in NO HURRY to purchase until they feel they have seen every choice of home. They analyze every price, every home and complain about all the imperfections. 4 months down the road their ability to obtain the loan program they wanted is no longer in existence and they have lost the ability to purchase. No home purchased here.

Buyer #2. Mr. I'm getting the Best Deal Robert feels that because most listings are foreclosures and bank owned properties that there is a bank out there wanting to "give" him a home to get rid of it. Every home he looks at he wants to lowball an offer in at way below list price. You have written him 3 offers and he has been outbid every time. No home purchased here.

Buyer #3. The Cafeteria Buyer Marsha wants more than she can afford or swallow. She tells you that she wants a 4 bedroom, 3 bath home with a large lot and a swimming pool for $250,000. Please send her listings in this price range. A minimal priced home starts at $300,000 for a 2 bedroom, 1 bath. She is really prequalified to purchase at $350,000 and could obtain a nice 3 bedroom, 2 bath home and get into the market, but insists she needs an estate for $250,000. No home purchased here.

Buyer #4. The I'm Too Cautious Buyer Mary finds a home she loves but gets cold feet about proceeding. She says she wants to wait and see if it gets any other offers. She wants to think about it for a week. A week later this home has 4 offers in on it. Mary just does not have the guts to make an offer at a decent price because she is really afraid of home ownership. No home purchased here.

I suggest you take a look at the categories above and if you fall into one of these, please develop the philosophy of I AM PREQUALIFIED, I LOVE IT AND I AM READY TO MAKE A GOOD OFFER! It is so important to be ready to move forward right now and to have the ability to make a decision quickly. We are seeing countless multiple offers on homes. Most of the homes in Ventura County are being priced under or at where they should be. Making offers well under list price is not going to work in this market right now. and when interest rates and prices take that rise, don't be one of the buyers who never buy. BE READY! You, as a buyer, can obtain a great home for a great price at a tremendous loan value right now. GET INTO THE GAME!! The reality is that this opportunity will not last forever. When home prices take that rise don't be left behind with "No home purchased."

For further information and Ventura Real Estate check out my website at:

www.Venturahomesforsale.org

Posted Wednesday May 13