Anticipation of bright and warmer days ahead, right around the corner is perked up by the sun shining brightly and and welcomed by real estate agents as home buyers scan current homes for sale, casually stating, "I'm just looking". Nothing makes a Realtor's day brighter, than the sun or a home buyer looking at homes. Oh my...that is a lovely home...
The sun in all it's glory warms your cheeks, as a home buyer brightens your smile. If you're a agent looking for a reason to smile, remember that your cup is always half full and warmer days are ahead.
If your a home buyer casually shopping the market, interest rates are wonderful, even with the bargain distressed properties on the market, it is a great time to find that special home in that special part of Paradise. Just ask a Paradise Realtor like Suzi Enders. Call Suzi at 530-873-6146 or visit her at her web site www.magaliahome.com, paradiserealestate.us or search to find all homes and properties for sale in Paradise California and surrounding butte county including foreclosures at suzi.enders.c21selectgroup.com.
Often, property owners don't understand the "Who, What, When, Where and Why" of selling a home, especially in this market. It is up to professional realtors, to utilize our persuasive powers to assure home sellers of the finer points of selling in this depreciating market. I'd like to share some of my favorite points that you can share with your home sellers.
If your market is like ours, the foreclosures are creating a false value of homes in your area. Be sure to reassure your home sellers that those properties even though they are lower in value also represent a property in distress with many problems in which the buyer will have to correct in order to live in or use it as a investment property. Which, by the way when repairs are done will increase this homes value too! Humm Something frustrated home sellers should think about? Hang in there, If your home is priced right, It should sell.
Eligible first time home buyers may qualify for assistance from the Town of Paradise First Time Home Buyer Program. This program provides a bridge between what borrowers can afford and the actual amount needed to qualify to purchase a home in Paradise California.
TO BE ELIGIBLE, THE APPLICANT MUST MEET THE CERTAIN CRITERIA: To learn more about this program, call Suzi Enders, (530) 873-6146.
Your Century 21 Realtor in Paradise, California.
Today the Town of Paradise announced a free building division workshop, which covers residential building, electrical, mechanical and plumbing codes. This is to be held at the Town of Paradise, building division between 3:00 - 5:00 PM in chamber #9 on March 13, 2008. Everyone is invited.
The second workshop is regarding proposed revisions to the Town of Paradise manual for the onsite treatment of wastewater. To attend, please meet at the Town of Paradise, onsite division, chamber #8 between 2:00 - 5:00 PM. on March 13, 2008
Please join us for these free workshops. See you there.
Even if you could "time the market," that strategy would most
benefit first-time buyers.
You see, people who already have a home usually need to sell it in order to come up with the down payment for their next home. Even if they don't, they would have to carry the debt and obligations on two homes at the same time.
This can create financial hardship, even when you rent out the previous home. There are maintenance costs, renters don't always make their payments on time, the rent may not cover the mortgage and other costs, and sometimes the property may be vacant.
So if you are downsizing or a move-up buyer and want to purchase your next home during a depressed market, you generally have to sell your current paradise home during that same depressed market.
If you want to sell during a boom, then you also have to purchase during the same boom. You may reduce your sale by 20k, but you also buy at a reduced price of 20k. The new tax rate is on the new lower price. It tends to equal out.
Finally, suppose you are a first-time buyer and wait thinking the end of a boom is near? If you guess wrong, are you going to wait...and wait...and wait...
If so, you could miss out on loads of depreciation... ...and that is assuming you guess right about your market timing. In 2008, the housing market is struggling, who can predict when the market will change?
Will you miss it!
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Paradise Real Estate, CA Homes & estates for home buyers & investors. Why do home sellers list your houses with a relocation specialist. They have buyers! Free market analysis for Paradise CA.
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