Our Buyer Ready program is designed to give home buyers an early start on
the mortgage loan process. Credit approval is secured, which includes review
of the credit report, assets, and income documentation, while you shop for
your new home!
Benefits of a Buyer Ready Approval
â€¢ Security and confidence when making an offer.
â€¢ Strengthening your position when negotiating with the seller.
â€¢ Allows for full loan approval, in most cases, within the due diligence period
(inspection and appraisals of the property) on the real estate contract.
As a Guest of Peoples Home Loans, you have the confidence of having an
approval in your hand when you make an offer which makes for a much
smoother transaction. Itâ€™s a Win-Win all the way!
For more information or to enroll, please contact me directly. I look forward to
earning your business!
Sr. Mortgage Banker
NMLS # 630694
198 US 9 N, Ste 206
Manalapan, NJ 07762
Web Reference: https://www.bankingunusual.com/about-us/bankers/gerald-...
Harriet Lewis, Realtor (201)707-5640(Cell)
Harriet Lewis, Realtor (201)707-5640(Cell)
We can not predict the future
Historically Winter season can get you a better deal from desperate sellers and also less competition from other buyers.
Come February/March depending on the weather there will be a lot more buyers out there.
I expect rates to go up come spring time.
Please contact me for a free list of pre foreclosure and Auction homes.
But this time is a serious market to find good deals of homes already listed.
Read this article. It says that October 2013 median homes sales prices were 11.8% higher than October 2012, AND, October became the 21st month in a row to show an increase in sales AND sale pricescompared to the same period in 2012 !!!
Thanks again for your honest feedback.
Licensed Real Estate Salesperson,ABR,SFR
Better Homes & Gardens/Rand Realty
95 South Middletown Road
Nanuet, New York 10954
Voice Mail (845) 624-8100 x141
Fax (845) 624-7137
Cell/Text (845) 304-3040
Interest is low now and may go higher any moment. It may not be a big difference next year but again, little changes in interest may become expensive. If I was buying the time would rather be sooner than later.
If your throughts are that you'll be able to get a better deal in the spring, well no indicators exist pointing to that being the case.
If you're thinking that there will be more inventory in the spring to choose from, well that might be true. There will come a point in time where many more of the homeowners who have been sitting on the fence because they are underwater on their mortgage will no longer have that problem. They've been wanting to move for a long time and the desire has not changed as one, two, or three years have ticked by.
As that happens, the amount of inventory will rise to begin falling in balance with the number of buyers that are active. At that time there will be more choices and more time to make a decision when looking as compared to right now when you have to be willing to pull the trigger and commit rather quickly if you want to actually have a chance at getting an acceptance on your offer.
If cost the biggest concern, then buying now would probably be the better choices. If it is NOT the biggest factor, then waiting until spring might not be bad idea. It all depends on what is important to YOU because I know that not everything that goes into making a home buying decision centers around price.
You can try to "time the market." In 24 years of helping homebuyers as a mortgage professional, I've never seen any "timing" work to a homebuyer's benefit. I take the approach of preparedness and persistence, instead. That's how a HomeBuyer sets the BEST time to buy a home.
Prepare to buy
Get Prequalified for mortgage financing: focus on monthly payment
Understand your price range: determine your price limits for making offers
Know the location where you want buy your home: when you do, find an experienced Local Realtor
Have your "wish list" ready with the preferred features of the home you want: the "Dream Home" exists in our minds. Knowing your preferrred features of the home you most want helps you compromise when you find the right house at the right price that meets most of your preferred features. You can always add a fireplace later!
WHEN you go out there, shop 'til you drop. Buying the right home is hard work. Looking at homes, then giving concise feedback to your Realtor helps you find a home that meets your needs and a Seller willing to sell at the price you're willing to pay. You'll be disappointed a few times, that's part of the process. Stay with it and you are sure to make your own "BEST" time to buy a home.