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You cannot take advantage of the good rates if you do not have a contract

As there are many qualified buyers out there waiting for the best rate, they are missing the great opportunities in today's real estate market by searching online and not getting out there, finding their new home and get an offer negotiated.

"With interest rates and home prices down, buyers must be prepared to act. The buyers must work with their real estate agent to identify a property and execute a sales contract. It's only then that a buyer can lock into these historic low rates. The market is very volatile right now and a rate that is available now can be gone in 5 minutes." says Frank Sommese of American Bank and Trust.

Andrea Geller, Realtor

Sudler Sotheby's International Realty

andreageller.com

Posted Friday Jan 09